Analysis

·

Price and energy
USDCAD from 1.3896 to 1.3846, down 0.36%
Market Energy Neutral -3.2% to Bear Bias -24.8%, down 21.7 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.03%0.34%0.31%0.36%
Energy6.334.015.121.7
Volatility trend chart · last 4 sessions
0.03% 0.34% 0.31% 0.36% 6.3 34.0 15.1 21.7
priceenergy up · down
Volatility · vs history since 2019
Price down 0.36% — higher than 75% of past drops
0%255075100%
Energy down 21.7 pts — higher than 81% of past drops
RESEARCH

Trend of Bear Bias USDCAD Daily

Sample: 4,030 Daily candles from 2013-01-02 to 2026-09-11
Number of Bear Bias occurrences: 312 times

When USDCAD is in Bear Bias:

  • then USDCAD moved to higher Market State: 212 times67.9%
  • then USDCAD moved to lower Market State: 100 times32.1%

Current USDCAD market energy: -24.84%

  • Distance to upper bound of Bear Bias (at -20.88%): 3.96%
  • Distance to lower bound of Bear Bias (at -60%): 35.16%

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

USDCAD · D1 · 2026-09-02 00:00 UTC
Preview the last 30 candles — price and energy
View live USDCAD chart →
Market Energy
-3.2%
Neutral
-24.8%
Bear Bias
-57.5%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Trend energy leaning Bear recorded from just-completed Daily candle data for USDCAD.

Per the 2AiTrading energy measurement system, Market Energy dropped -21.7% from the previous session, from -3.2% to -24.8%.

Time in Bear Bias energy zone: 1 Daily 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, USDCAD Market Energy ranged from -24.8 to +15.7.

Knowledge

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

Frequently asked questions

What did USDCAD price and energy show when this Daily candle closed?

When the Daily candle at 07:00 on 02-09-2026 closed, USDCAD was at 1.3846, down 0.36% from the previous candle (1.3896). Market Energy was -24.8%, down 21.7 points from -3.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did USDCAD price move on this Daily candle, and how large is that historically?

USDCAD closed at 1.3846, down 0.36% from the previous Daily candle (1.3896). This drop is larger than 75% of past drops on the Daily timeframe for USDCAD, across 2,398 candles since 2019.

How did USDCAD Market Energy change from the previous candle?

Market Energy fell 21.7 percentage points from the previous candle — from -3.2% to -24.8%. This drop is larger than 81% of past drops on the Daily timeframe for USDCAD.

Do USDCAD price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was USDCAD in on the previous Daily candle?

The previous Daily candle had USDCAD at -3.2%, Neutral — when this candle closed, USDCAD moved down to a lower zone: Neutral → Bear Bias.

Where does USDCAD energy sit within the Bear Bias zone?

At -24.8%, USDCAD is 3.96 points from the upper boundary of Bear Bias (-20.88%) and 35.16 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.

What does Bear Bias mean?

Bear Bias 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 Bias 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 -43.6%; GER40 (European equities) in Bear Extreme with energy -76.3%. Against this backdrop, USDCAD (Bear Bias, -24.8%) has higher energy than GER40; sits in the same state zone as 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 Extreme with Market Energy 75.4%. USDCAD (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for USDCAD.

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 USDCAD on the USDCAD overview →

To jump to a symbol you're interested in, click .