Analysis

EURCAD 1.5923 ↓0.06%: Bulls & Bears in a tug-of-war · 1H 21:00 Oct 16, 2026

·
Candle close
Price and energy
Open 1.5932 · High 1.5932 · Low 1.5919 · Close 1.5923 · Range (high − low) 0.00133
EURCAD closed at 1.5923, down 0.0009 (-0.06%) from 1.5932.
Bull–Bear energy behind the price: the market moved from the Neutral zone at 20.8% to Neutral at -9.9%, down 30.7 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price1.59331.59291.59321.5923
Energy35.7%16.7%20.8%-9.9%
Price change↑ 0.00%↓ 0.02%↑ 0.02%↓ 0.06%
Energy change↓ 8.2↓ 18.9↑ 4.0↓ 30.7
Volatility trend chart · last 4 sessions
↑ 0.00%↓ 0.02%↑ 0.02%↓ 0.06%↓ 8.2↓ 18.9↑ 4.0↓ 30.7
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.06% — higher than 66% of past drops
0%255075100%
Energy down 30.7 pts — higher than 89% of past drops
Knowledge

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

RESEARCH

Trend of Neutral EURCAD 1H

Sample: 58,696 1H candles from 2017-05-01 to 2026-10-16
Number of Neutral occurrences: 6,019 times

▸When EURCAD is in Neutral:

  • then EURCAD moved to higher Market State: 2,971 times — 49.4%
  • then EURCAD moved to lower Market State: 3,048 times — 50.6%

▸Current EURCAD market energy: -9.87%

  • Distance to upper bound of Neutral (at 20.88%): 30.75%
  • Distance to lower bound of Neutral (at -20.88%): 11.01%

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

EURCAD · H1 · 2026-10-16 13:00 UTC
Preview the last 30 candles — price and energy
View live EURCAD chart →
Market Energy
20.8%
Neutral
-9.9%
Neutral
-77.5%
Bear Extreme
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the 1H candle closes, EURCAD reflects the balanced Bull/Bear state.

The EURCAD market at session end, A -30.7% change from the previous candle, Market Energy is now -9.9% (previous: 20.8%).

Time in Neutral energy zone: 3 1H 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, EURCAD Market Energy ranged from -98.4 to 98.9.

Frequently asked questions

What did EURCAD price and energy show when this 1H candle closed?

When the 1H candle closed at 21:00 on 16-10-2026, EURCAD was at 1.5923, down 0.06% from the previous candle (1.5932). Market Energy was -9.9%, down 30.7 points from 20.8%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did EURCAD price move on this 1H candle, and how large is that historically?

EURCAD closed at 1.5923, down 0.06% from the previous 1H candle (1.5932). This drop is larger than 66% of past drops on the 1H timeframe for EURCAD, across 48,526 candles since 2019.

How did EURCAD Market Energy change from the previous candle?

Market Energy fell 30.7 percentage points from the previous candle — from 20.8% to -9.9%. This drop is larger than 89% of past drops on the 1H 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 1H candle?

The previous 1H candle had EURCAD at 20.8%, Neutral — this candle kept the same state, no zone change.

Where does EURCAD energy sit within the Neutral zone?

At -9.9%, EURCAD is 30.75 points from the upper boundary of Neutral (20.88%) and 11.01 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.

What does Neutral mean?

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

See the full Neutral 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 Critical with energy -67%; GER40 (European equities) in Bull Critical with energy 64.6%. Against this backdrop, EURCAD (Neutral, -9.9%) has higher energy than SPX500; lower than 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 -46.5%. EURCAD energy is currently above DXY by 36.6 points.

Real-time Energy Chart

See the real-time energy chart for EURCAD.

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 EURCAD on the EURCAD overview →

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