Analysis

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Candle close
Price and energy
EURCHF from 0.94133 to 0.94128, down 0.01%
Market Energy Bear Extreme -99.9% to Bear Extreme -97.6%, up 2.3 pts
Down candle #4 in a rowEnergy diverges from price
Price and energy change · last 4 candles
Price0.17%0.20%0.05%0.01%
Energy15.641.16.72.3
Volatility trend chart · last 4 sessions
0.17% 0.20% 0.05% 0.01% 15.6 41.1 6.7 2.3
priceenergy up · down
Volatility · vs history since 2019
Price down 0.01% — higher than 2% of past drops
0%255075100%
Energy up 2.3 pts — higher than 11% of past rises
RESEARCH

Trend of Bear Extreme EURCHF 4H

Sample: 248 4H candles from 2026-07-23 to 2026-09-21
Number of Bear Extreme occurrences: 4 times

When EURCHF is in Bear Extreme:

  • then EURCHF moved to higher Market State: 4 times100%
  • then EURCHF moved to lower Market State: 0 times0%

Current EURCHF market energy: -97.56%

  • Distance to upper bound of Bear Extreme (at -74.5%): 23.06%
  • Distance to bottom -100%: 2.44%

"Does history really repeat itself?" — 2AITRADING

EURCHF · H4 · 2026-09-21 21:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-99.9%
Bear Extreme
-97.6%
Bear Extreme
-95.5%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Following the completion of the 4H candle, EURCHF currently in the Extreme state of Bear.

The market energy reading Market Energy reading rose +2.3%, moving from -99.9% to -97.6% after the 4H candle.

Time in Bear Extreme energy zone: 3 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, EURCHF Market Energy ranged from -99.9 to +61.2.

Knowledge

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

Frequently asked questions

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

When the 4H candle at 04:00 on 22-09-2026 closed, EURCHF was at 0.94128, down 0.01% from the previous candle (0.94133). Market Energy was -97.6%, up 2.3 points from -99.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

EURCHF closed at 0.94128, down 0.01% from the previous 4H candle (0.94133). This drop is larger than 2% of past drops on the 4H timeframe for EURCHF, across 248 candles since 2019.

How did EURCHF Market Energy change from the previous candle?

Market Energy rose 2.3 percentage points from the previous candle — from -99.9% to -97.6%. This rise is larger than 11% of past rises on the 4H timeframe for EURCHF.

Do EURCHF price and energy agree?

No. This candle recorded a price decline with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.

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

The previous 4H candle had EURCHF at -99.9%, Bear Extreme — this candle kept the same state, no zone change.

Where does EURCHF energy sit within the Bear Extreme zone?

At -97.6%, EURCHF is 23.06 points from the upper boundary of Bear Extreme (-74.5%) and 2.44 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 Bull Extreme with energy 76.8%; GER40 (European equities) in Bull Bias with energy 24.6%. Against this backdrop, EURCHF (Bear Extreme, -97.6%) 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 Bull Critical with Market Energy 68.8%. EURCHF (Bear Extreme) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for EURCHF.

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 EURCHF on the EURCHF overview →

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