Analysis

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Price and energy
USDCAD from 1.3917 to 1.3873, down 0.32%
Market Energy Neutral -3.2% to Bear Extreme -79.1%, down 75.9 pts
Down candle #4 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.05%0.03%0.07%0.32%
Energy16.226.155.275.9
Volatility trend chart · last 4 sessions
0.05% 0.03% 0.07% 0.32% 16.2 26.1 55.2 75.9
priceenergy up · down
Volatility · vs history since 2019
Price down 0.32% — higher than 99% of past drops
0%255075100%
Energy down 75.9 pts — largest on record (since 2019)
RESEARCH

Trend of Bear Extreme USDCAD 1H

Sample: 72,756 1H candles from 2015-01-01 to 2026-09-10
Number of Bear Extreme occurrences: 920 times

When USDCAD is in Bear Extreme:

  • then USDCAD moved to higher Market State: 920 times100%
  • then USDCAD moved to lower Market State: 0 times0%

Current USDCAD market energy: -79.13%

  • Distance to upper bound of Bear Extreme (at -74.5%): 4.63%
  • Distance to bottom -100%: 20.87%

"History always repeats itself, one way or another" — 2AITRADING

USDCAD · H1 · 2026-09-02 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-3.2%
Neutral
-79.1%
Bear Extreme
-94.7%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Bear in Extreme state is the result just recorded for USDCAD after the 1H candle closed.

Looking at the Market Energy reading, Market trend energy recorded a -75.9% drop from the previous candle, from -3.2% to -79.1%.

Time in Bear Extreme 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, USDCAD Market Energy ranged from -79.1 to +95.1.

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 1H candle closed?

When the 1H candle at 20:00 on 02-09-2026 closed, USDCAD was at 1.3873, down 0.32% from the previous candle (1.3917). Market Energy was -79.1%, down 75.9 points from -3.2%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

USDCAD closed at 1.3873, down 0.32% from the previous 1H candle (1.3917). This drop is larger than 99% of past drops on the 1H timeframe for USDCAD, across 47,787 candles since 2019.

How did USDCAD Market Energy change from the previous candle?

Market Energy fell 75.9 percentage points from the previous candle — from -3.2% to -79.1%. This is the largest of all drops on the 1H timeframe for USDCAD on record since 2019.

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 1H candle?

The previous 1H candle had USDCAD at -3.2%, Neutral — when this candle closed, USDCAD moved down to a lower zone: Neutral → Bear Extreme.

Where does USDCAD energy sit within the Bear Extreme zone?

At -79.1%, USDCAD is 4.63 points from the upper boundary of Bear Extreme (-74.5%) and 20.87 points from the lower boundary (-100%) — so energy sits closer to the upper 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 Bias with energy 44.3%; GER40 (European equities) in Neutral with energy 4.5%. Against this backdrop, USDCAD (Bear Extreme, -79.1%) 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 Bear Extreme with Market Energy -86.9%. USDCAD (Bear Extreme) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for USDCAD.

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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 →

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