EURCAD 1.589 ↓0.16%: Bears have the edge · D Oct 16, 2026
| Price | 1.5925 | 1.5909 | 1.5915 | 1.589 |
|---|---|---|---|---|
| Energy | -53.7% | -47.0% | -37.5% | -47.9% |
| Price change | ↓ 0.07% | ↓ 0.10% | ↑ 0.03% | ↓ 0.16% |
| Energy change | ↓ 5.6 | ↑ 6.7 | ↑ 9.5 | ↓ 10.4 |
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Trend of Bear Bias EURCAD Daily
▸When EURCAD is in Bear Bias:
- then EURCAD moved to higher Market State: 246 times — 76.4%
- then EURCAD moved to lower Market State: 76 times — 23.6%
▸Current EURCAD market energy: -47.93%
- Distance to upper bound of Bear Bias (at -20.88%): 27.05%
- Distance to lower bound of Bear Bias (at -60%): 12.07%
"Why does archaeology matter?" — 2AITRADING
Reading from the Daily candle, EURCAD recorded in energy leaning Bear.
Market trend energy The energy level dropped -10.4%: from -37.5% now at -47.9%.
Time in Bear Bias energy zone: 14 Daily Candle
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.
Over the past 5 days, EURCAD Market Energy ranged from -53.7 to -37.5.
What did EURCAD price and energy show when this Daily candle closed?
When the Daily candle closed at 07:00 on 16-10-2026, EURCAD was at 1.589, down 0.16% from the previous candle (1.5915). Market Energy was -47.9%, down 10.4 points from -37.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did EURCAD price move on this Daily candle, and how large is that historically?
EURCAD closed at 1.589, down 0.16% from the previous Daily candle (1.5915). This drop is larger than 45% of past drops on the Daily timeframe for EURCAD, across 2,434 candles since 2019.
How did EURCAD Market Energy change from the previous candle?
Market Energy fell 10.4 percentage points from the previous candle — from -37.5% to -47.9%. This drop is larger than 49% of past drops on the Daily timeframe for EURCAD.
Do EURCAD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was EURCAD in on the previous Daily candle?
The previous Daily candle had EURCAD at -37.5%, Bear Bias — this candle kept the same state, no zone change.
Where does EURCAD energy sit within the Bear Bias zone?
At -47.9%, EURCAD is 27.05 points from the upper boundary of Bear Bias (-20.88%) and 12.07 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 Bull Bias with energy 33.6%; GER40 (European equities) in Bull Critical with energy 64.4%. Against this backdrop, EURCAD (Bear Bias, -47.9%) 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 -43.6%. EURCAD (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for EURCAD.
Open Energy ChartSee the full 2AiTrading Model data for EURCAD on the EURCAD overview →
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