Analysis

EURCAD 1.5659 ↓0.16%: Bears in the peak-force zone · 4H 20:00 Oct 23, 2026

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Candle close
Price and energy
Open 1.5683 · High 1.5689 · Low 1.5657 · Close 1.5659 · Range (high − low) 0.003175
EURCAD closed at 1.5659, down 0.00245 (-0.16%) from 1.5683.
Bull–Bear energy behind the price: the market moved from the Bear Extreme zone at -80.9% to Bear Extreme at -97.4%, down 16.5 points.
Third straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price1.5711.57061.56831.5659
Energy-74.8%-72.5%-80.9%-97.4%
Price change↑ 0.00%↓ 0.03%↓ 0.14%↓ 0.16%
Energy change↑ 1.3↑ 2.2↓ 8.4↓ 16.5
Volatility trend chart · last 4 sessions
↑ 0.00%↓ 0.03%↓ 0.14%↓ 0.16%↑ 1.3↑ 2.2↓ 8.4↓ 16.5
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.16% — higher than 90% of past drops
0%255075100%
Energy down 16.5 pts — higher than 68% of past drops
Knowledge

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

RESEARCH

Trend of Bear Extreme EURCAD 4H

Sample: 393 4H candles from 2026-07-22 to 2026-10-22
Number of Bear Extreme occurrences: 14 times

▸When EURCAD is in Bear Extreme:

  • then EURCAD moved to higher Market State: 14 times — 100%
  • then EURCAD moved to lower Market State: 0 times — 0%

▸Current EURCAD market energy: -97.36%

  • Distance to upper bound of Bear Extreme (at -74.5%): 22.86%
  • Distance to bottom -100%: 2.64%

"A person's history reveals more than you might think" — 2AITRADING

EURCAD · H4 · 2026-10-23 09:00 UTC
Preview the last 30 candles — price and energy
View live EURCAD chart →
Market Energy
-80.9%
Bear Extreme
-97.4%
Bear Extreme
Expected at
00:10
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

As the 4H candle closes, EURCAD within the Bear Extreme measurement.

On trend energy, Market Energy reading dropped -16.5%, moving from -80.9% to -97.4% after the 4H candle.

Time in Bear Extreme energy zone: 2 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 -97.4 to -17.

Frequently asked questions

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

When the 4H candle closed at 20:00 on 23-10-2026, EURCAD was at 1.5659, down 0.16% from the previous candle (1.5683). Market Energy was -97.4%, down 16.5 points from -80.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

EURCAD closed at 1.5659, down 0.16% from the previous 4H candle (1.5683). This drop is larger than 90% of past drops on the 4H timeframe for EURCAD, across 396 candles since 2019.

How did EURCAD Market Energy change from the previous candle?

Market Energy fell 16.5 percentage points from the previous candle — from -80.9% to -97.4%. This drop is larger than 68% of past drops on the 4H timeframe for EURCAD.

Do EURCAD price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. 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 -80.9%, Bear Extreme — this candle kept the same state, no zone change.

Where does EURCAD energy sit within the Bear Extreme zone?

At -97.4%, EURCAD is 22.86 points from the upper boundary of Bear Extreme (-74.5%) and 2.64 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.

What does Bear Extreme mean?

Bear Extreme 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 Extreme 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 -57.1%; GER40 (European equities) in Bear Extreme with energy -98.9%. Against this backdrop, EURCAD (Bear Extreme, -97.4%) lower than SPX500; sits in the same state zone as 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 Bull Bias with Market Energy 57.3%. EURCAD (Bear Extreme) 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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