Analysis

CHFJPY 191.0725 ↑0.14%: Bears have the edge · 4H 12:00 Oct 23, 2026

·
Candle close
Price and energy
Open 190.9295 · High 191.32 · Low 190.7965 · Close 191.0725 · Range (high − low) 0.5235
CHFJPY closed at 191.0725, up 0.269 (+0.14%) from 190.8035.
Bull–Bear energy behind the price: the market moved from the Bear Critical zone at -73.2% to Bear Bias at -57.3%, up 15.9 points.
Price and energy are moving up together.
Price and energy · last 4 candles
Price190.947191.064190.804191.073
Energy-91.0%-80.3%-73.2%-57.3%
Price change↑ 0.09%↑ 0.06%↓ 0.14%↑ 0.14%
Energy change↑ 1.7↑ 10.7↑ 7.1↑ 15.9
Volatility trend chart · last 4 sessions
↑ 0.09%↑ 0.06%↓ 0.14%↑ 0.14%↑ 1.7↑ 10.7↑ 7.1↑ 15.9
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.14% — higher than 69% of past rises
0%255075100%
Energy up 15.9 pts — higher than 71% of past rises
Knowledge

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

RESEARCH

Trend of Bear Bias CHFJPY 4H

Sample: 388 4H candles from 2026-07-22 to 2026-10-22
Number of Bear Bias occurrences: 28 times

▸When CHFJPY is in Bear Bias:

  • then CHFJPY moved to higher Market State: 19 times — 67.9%
  • then CHFJPY moved to lower Market State: 9 times — 32.1%

▸Current CHFJPY market energy: -57.28%

  • Distance to upper bound of Bear Bias (at -20.88%): 36.4%
  • Distance to lower bound of Bear Bias (at -60%): 2.72%

"To truly understand anything, study its history" — 2AITRADING

CHFJPY · H4 · 2026-10-23 01:00 UTC
Preview the last 30 candles — price and energy
View live CHFJPY chart →
Market Energy
-73.2%
Bear Critical
-57.3%
Bear Bias
Expected at
16:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

The system just recorded CHFJPY in Bear Bias after the 4H candle closed.

On the energy side, Compared to the previous candle (-73.2%), Market Energy rose +15.9% to -57.3%.

Time in Bear Bias 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 12:00 on 23-10-2026, CHFJPY was at 191.0725, up 0.14% from the previous candle (190.8035). Market Energy was -57.3%, up 15.9 points from -73.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

CHFJPY closed at 191.0725, up 0.14% from the previous 4H candle (190.8035). This rise is larger than 69% of past rises on the 4H timeframe for CHFJPY, across 392 candles since 2019.

How did CHFJPY Market Energy change from the previous candle?

Market Energy rose 15.9 percentage points from the previous candle — from -73.2% to -57.3%. This rise is larger than 71% of past rises on the 4H timeframe for CHFJPY.

Do CHFJPY price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

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

The previous 4H candle had CHFJPY at -73.2%, Bear Critical — when this candle closed, CHFJPY moved up to a higher zone: Bear Critical → Bear Bias.

Where does CHFJPY energy sit within the Bear Bias zone?

At -57.3%, CHFJPY is 36.4 points from the upper boundary of Bear Bias (-20.88%) and 2.72 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.

What does Bear Bias mean?

Bear Bias 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 Bias 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 -31.5%; GER40 (European equities) in Bear Extreme with energy -77.6%. Against this backdrop, CHFJPY (Bear Bias, -57.3%) has higher energy than GER40; sits in the same state zone as SPX500.

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 Bull Bias with Market Energy 26.1%. CHFJPY (Bear Bias) and DXY currently sit on opposite sides.

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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