Analysis

EURCAD 1.5703 ↓0.04%: Bears very strong · 1H 09:00 Oct 23, 2026

·
Candle close
Price and energy
Open 1.571 · High 1.5712 · Low 1.5701 · Close 1.5703 · Range (high − low) 0.00107
EURCAD closed at 1.5703, down 0.0007 (-0.04%) from 1.571.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -33.1% to Bear Critical at -71.5%, down 38.4 points.
Third straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price1.57141.57121.5711.5703
Energy-27.7%-23.9%-33.1%-71.5%
Price change↑ 0.02%↓ 0.01%↓ 0.01%↓ 0.04%
Energy change↑ 4.1↑ 3.7↓ 9.2↓ 38.4
Volatility trend chart · last 4 sessions
↑ 0.02%↓ 0.01%↓ 0.01%↓ 0.04%↑ 4.1↑ 3.7↓ 9.2↓ 38.4
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.04% — higher than 57% of past drops
0%255075100%
Energy down 38.4 pts — higher than 94% of past drops
Knowledge

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

RESEARCH

Trend of Bear Critical EURCAD 1H

Sample: 58,791 1H candles from 2017-05-01 to 2026-10-22
Number of Bear Critical occurrences: 1,723 times

▸When EURCAD is in Bear Critical:

  • then EURCAD moved to higher Market State: 1,246 times — 72.3%
  • then EURCAD moved to lower Market State: 477 times — 27.7%

▸Current EURCAD market energy: -71.52%

  • Distance to upper bound of Bear Critical (at -60%): 11.52%
  • Distance to lower bound of Bear Critical (at -74.5%): 2.98%

"Why does archaeology matter?" — 2AITRADING

EURCAD · H1 · 2026-10-23 01:00 UTC
Preview the last 30 candles — price and energy
View live EURCAD chart →
Market Energy
-33.1%
Bear Bias
-71.5%
Bear Critical
Expected at
10:10
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

After the 1H candle closes, EURCAD in the Bear Critical energy zone.

Market energy measurement Market trend energy recorded a -38.4% drop from the previous candle, from -33.1% to -71.5%.

Time in Bear Critical energy zone: 1 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 -100 to 92.8.

Frequently asked questions

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

When the 1H candle closed at 09:00 on 23-10-2026, EURCAD was at 1.5703, down 0.04% from the previous candle (1.571). Market Energy was -71.5%, down 38.4 points from -33.1%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

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

EURCAD closed at 1.5703, down 0.04% from the previous 1H candle (1.571). This drop is larger than 57% of past drops on the 1H timeframe for EURCAD, across 48,634 candles since 2019.

How did EURCAD Market Energy change from the previous candle?

Market Energy fell 38.4 percentage points from the previous candle — from -33.1% to -71.5%. This drop is larger than 94% of past drops on the 1H timeframe for EURCAD.

Do EURCAD price and energy agree?

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

What state was EURCAD in on the previous 1H candle?

The previous 1H candle had EURCAD at -33.1%, Bear Bias — when this candle closed, EURCAD moved down to a lower zone: Bear Bias → Bear Critical.

Where does EURCAD energy sit within the Bear Critical zone?

At -71.5%, EURCAD is 11.52 points from the upper boundary of Bear Critical (-60%) and 2.98 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 -31.5%; GER40 (European equities) in Bear Extreme with energy -77.6%. Against this backdrop, EURCAD (Bear Critical, -71.5%) has higher energy than GER40; lower than 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%. EURCAD (Bear Critical) and DXY currently sit on opposite sides.

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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