Analysis

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Price and energy
USDCAD from 1.3779 to 1.3779, down 0.00%
Market Energy Bear Bias -46.4% to Bear Bias -28.2%, up 18.2 pts
Energy diverges from price
Price and energy change · last 4 candles
Price0.06%0.02%0.04%0.00%
Energy12.09.610.318.2
Volatility trend chart · last 4 sessions
0.06% 0.02% 0.04% 0.00% 12.0 9.6 10.3 18.2
priceenergy up · down
Volatility · vs history since 2019
Price down 0.00% — higher than 1% of past drops
0%255075100%
Energy up 18.2 pts — higher than 74% of past rises
RESEARCH

Trend of Bear Bias USDCAD 4H

Sample: 18,180 4H candles from 2014-12-31 to 2026-09-08
Number of Bear Bias occurrences: 1,371 times

When USDCAD is in Bear Bias:

  • then USDCAD moved to higher Market State: 952 times69.4%
  • then USDCAD moved to lower Market State: 419 times30.6%

Current USDCAD market energy: -28.19%

  • Distance to upper bound of Bear Bias (at -20.88%): 7.31%
  • Distance to lower bound of Bear Bias (at -60%): 31.81%

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

USDCAD · H4 · 2026-09-09 09:00 UTC
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Market Energy
-46.4%
Bear Bias
-28.2%
Bear Bias
Expected at
00:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

The energy state leaning Bear recorded from just-completed 4H candle data for USDCAD.

Market energy movement Market Energy moved from -46.4% to -28.2%, up +18.2% from the previous candle.

Time in Bear Bias energy zone: 8 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, USDCAD Market Energy ranged from -66.3 to +36.1.

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 4H candle closed?

When the 4H candle at 16:00 on 09-09-2026 closed, USDCAD was at 1.3779, down <0.01% from the previous candle (1.3779). Market Energy was -28.2%, up 18.2 points from -46.4%, 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 4H candle, and how large is that historically?

USDCAD closed at 1.3779, down <0.01% from the previous 4H candle (1.3779). This drop is larger than 1% of past drops on the 4H timeframe for USDCAD, across 11,974 candles since 2019.

How did USDCAD Market Energy change from the previous candle?

Market Energy rose 18.2 percentage points from the previous candle — from -46.4% to -28.2%. This rise is larger than 74% of past rises on the 4H timeframe for USDCAD.

Do USDCAD price and energy agree?

No. Price moved down while energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.

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

The previous 4H candle had USDCAD at -46.4%, Bear Bias — this candle kept the same state, no zone change.

Where does USDCAD energy sit within the Bear Bias zone?

At -28.2%, USDCAD is 7.31 points from the upper boundary of Bear Bias (-20.88%) and 31.81 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 Extreme with energy -90.2%; GER40 (European equities) in Bear Extreme with energy -92.9%. Against this backdrop, USDCAD (Bear Bias, -28.2%) has higher energy 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 Extreme with Market Energy 92.4%. USDCAD (Bear Bias) and DXY currently sit on opposite sides.

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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