Analysis

EURCAD 1.5766 ↓0.12%: Bears very strong · 4H 16:00 Oct 21, 2026

·
Candle close
Price and energy
Open 1.5785 · High 1.5786 · Low 1.5765 · Close 1.5766 · Range (high − low) 0.00211
EURCAD closed at 1.5766, down 0.00191 (-0.12%) from 1.5785.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -39.3% to Bear Critical at -68.0%, down 28.6 points.
Third straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price1.57971.5791.57851.5766
Energy-31.2%-31.4%-39.3%-68.0%
Price change↑ 0.09%↓ 0.05%↓ 0.03%↓ 0.12%
Energy change↑ 12.0↓ 0.1↓ 7.9↓ 28.6
Volatility trend chart · last 4 sessions
↑ 0.09%↓ 0.05%↓ 0.03%↓ 0.12%↑ 12.0↓ 0.1↓ 7.9↓ 28.6
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.12% — higher than 81% of past drops
0%255075100%
Energy down 28.6 pts — higher than 82% of past drops
Knowledge

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

RESEARCH

Trend of Bear Critical EURCAD 4H

Sample: 382 4H candles from 2026-07-22 to 2026-10-20
Number of Bear Critical occurrences: 25 times

▸When EURCAD is in Bear Critical:

  • then EURCAD moved to higher Market State: 16 times — 64%
  • then EURCAD moved to lower Market State: 9 times — 36%

▸Current EURCAD market energy: -67.96%

  • Distance to upper bound of Bear Critical (at -60%): 7.96%
  • Distance to lower bound of Bear Critical (at -74.5%): 6.54%

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

EURCAD · H4 · 2026-10-21 05:00 UTC
Preview the last 30 candles — price and energy
View live EURCAD chart →
Market Energy
-39.3%
Bear Bias
-68.0%
Bear Critical
-49.8%
Bear Bias
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Reading from the 4H candle, EURCAD in the near-peak Bear energy state.

On the measurement side, Market Energy reading dropped -28.6%, moving from -39.3% to -68% after the 4H candle.

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, EURCAD Market Energy ranged from -77.4 to 8.6.

Frequently asked questions

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

When the 4H candle closed at 16:00 on 21-10-2026, EURCAD was at 1.5766, down 0.12% from the previous candle (1.5785). Market Energy was -68%, down 28.6 points from -39.3%, 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 4H candle, and how large is that historically?

EURCAD closed at 1.5766, down 0.12% from the previous 4H candle (1.5785). This drop is larger than 81% of past drops on the 4H timeframe for EURCAD, across 383 candles since 2019.

How did EURCAD Market Energy change from the previous candle?

Market Energy fell 28.6 percentage points from the previous candle — from -39.3% to -68%. This drop is larger than 82% of past drops on the 4H 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 the candle that just closed; it does not say where price goes next.

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

The previous 4H candle had EURCAD at -39.3%, 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 -68%, EURCAD is 7.96 points from the upper boundary of Bear Critical (-60%) and 6.54 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 Neutral with energy -11.4%; GER40 (European equities) in Neutral with energy -10.8%. Against this backdrop, EURCAD (Bear Critical, -68%) 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 Neutral with Market Energy 19.8%. EURCAD energy is currently below DXY by 87.7 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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