Analysis

CHFJPY 190.8035 ↓0.14%: Bears very strong · 4H 08:00 Oct 23, 2026

·
Candle close
Price and energy
Open 190.975 · High 191.1985 · Low 190.453 · Close 190.8035 · Range (high − low) 0.7455
CHFJPY closed at 190.8035, down 0.2605 (-0.14%) from 191.064.
Bull–Bear energy behind the price: the market moved from the Bear Extreme zone at -80.3% to Bear Critical at -73.2%, up 7.1 points.
Energy diverges from price.
Price and energy · last 4 candles
Price190.773190.947191.064190.804
Energy-92.8%-91.0%-80.3%-73.2%
Price change↓ 0.38%↑ 0.09%↑ 0.06%↓ 0.14%
Energy change↓ 53.0↑ 1.7↑ 10.7↑ 7.1
Volatility trend chart · last 4 sessions
↓ 0.38%↑ 0.09%↑ 0.06%↓ 0.14%↓ 53.0↑ 1.7↑ 10.7↑ 7.1
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.14% — higher than 73% of past drops
0%255075100%
Energy up 7.1 pts — higher than 42% of past rises
Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

RESEARCH

Trend of Bear Critical CHFJPY 4H

Sample: 392 4H candles from 2026-07-22 to 2026-10-22
Number of Bear Critical occurrences: 15 times

▸When CHFJPY is in Bear Critical:

  • then CHFJPY moved to higher Market State: 7 times — 46.7%
  • then CHFJPY moved to lower Market State: 8 times — 53.3%

▸Current CHFJPY market energy: -73.19%

  • Distance to upper bound of Bear Critical (at -60%): 13.19%
  • Distance to lower bound of Bear Critical (at -74.5%): 1.31%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

CHFJPY · H4 · 2026-10-22 21:00 UTC
Preview the last 30 candles — price and energy
View live CHFJPY chart →
Market Energy
-80.3%
Bear Extreme
-73.2%
Bear Critical
Expected at
12:10
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

With the 4H candle just closed, CHFJPY in Bear Critical.

Looking at the energy level, The energy level rose +7.1%: from -80.3% now at -73.2%.

Time in Bear Critical energy zone: 1 4H Candle

2AiTrading Market Energy Model

Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.

Market context
Historical perspective

Over the past 5 days, CHFJPY Market Energy ranged from -92.8 to 60.6.

Frequently asked questions

What did CHFJPY price and energy show when this 4H candle closed?

When the 4H candle closed at 08:00 on 23-10-2026, CHFJPY was at 190.8035, down 0.14% from the previous candle (191.064). Market Energy was -73.2%, up 7.1 points from -80.3%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

How much did CHFJPY price move on this 4H candle, and how large is that historically?

CHFJPY closed at 190.8035, down 0.14% from the previous 4H candle (191.064). This drop is larger than 73% of past drops on the 4H timeframe for CHFJPY, across 391 candles since 2019.

How did CHFJPY Market Energy change from the previous candle?

Market Energy rose 7.1 percentage points from the previous candle — from -80.3% to -73.2%. This rise is larger than 42% of past rises on the 4H timeframe for CHFJPY.

Do CHFJPY price and energy agree?

No. This candle recorded a price decline with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.

What state was CHFJPY in on the previous 4H candle?

The previous 4H candle had CHFJPY at -80.3%, Bear Extreme — when this candle closed, CHFJPY moved up to a higher zone: Bear Extreme → Bear Critical.

Where does CHFJPY energy sit within the Bear Critical zone?

At -73.2%, CHFJPY is 13.19 points from the upper boundary of Bear Critical (-60%) and 1.31 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear Critical is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Bear Critical definition →

How are the broader market indices trending?

Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bear Bias with energy -30.8%; GER40 (European equities) in Bear Bias with energy -30.8%. Against this backdrop, CHFJPY (Bear Critical, -73.2%) lower than SPX500, GER40.

How is the US Dollar Index (DXY) trending?

Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bear Bias with Market Energy -52.6%. CHFJPY (Bear Critical) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for CHFJPY.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for CHFJPY on the CHFJPY overview →

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