Analysis

USDCAD 1.4162 ↓0.1%: Bears in the peak-force zone · 4H 16:00 Oct 16, 2026

·
Candle close
Price and energy
Open 1.4177 · High 1.4187 · Low 1.4162 · Close 1.4162 · Range (high − low) 0.00251
USDCAD closed at 1.4162, down 0.001445 (-0.10%) from 1.4177.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -48.5% to Bear Extreme at -78.3%, down 29.8 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price1.41861.41971.41771.4162
Energy-49.6%-41.5%-48.5%-78.3%
Price change↓ 0.08%↑ 0.08%↓ 0.14%↓ 0.10%
Energy change↓ 15.9↑ 8.1↓ 7.0↓ 29.8
Volatility trend chart · last 4 sessions
↓ 0.08%↑ 0.08%↓ 0.14%↓ 0.10%↓ 15.9↑ 8.1↓ 7.0↓ 29.8
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.10% — higher than 60% of past drops
0%255075100%
Energy down 29.8 pts — higher than 89% of past drops
Knowledge

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

RESEARCH

Trend of Bear Extreme USDCAD 4H

Sample: 18,373 4H candles from 2014-12-31 to 2026-10-23
Number of Bear Extreme occurrences: 264 times

▸When USDCAD is in Bear Extreme:

  • then USDCAD moved to higher Market State: 264 times — 100%
  • then USDCAD moved to lower Market State: 0 times — 0%

▸Current USDCAD market energy: -78.3%

  • Distance to upper bound of Bear Extreme (at -74.5%): 3.8%
  • Distance to bottom -100%: 21.7%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

USDCAD · H4 · 2026-10-16 05:00 UTC
Preview the last 30 candles — price and energy
View live USDCAD chart →
Market Energy
-48.5%
Bear Bias
-78.3%
Bear Extreme
-64.9%
Bear Critical
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

As the 4H candle closes, USDCAD shows Bear energy in an extreme reading.

On the energy side, Market Energy reading dropped -29.8%, moving from -48.5% to -78.3% after the 4H candle.

Time in Bear Extreme energy zone: 1 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 -96.8 to 86.8.

Frequently asked questions

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

When the 4H candle closed at 16:00 on 16-10-2026, USDCAD was at 1.4162, down 0.1% from the previous candle (1.4177). Market Energy was -78.3%, down 29.8 points from -48.5%, 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 4H candle, and how large is that historically?

USDCAD closed at 1.4162, down 0.1% from the previous 4H candle (1.4177). This drop is larger than 60% of past drops on the 4H timeframe for USDCAD, across 12,135 candles since 2019.

How did USDCAD Market Energy change from the previous candle?

Market Energy fell 29.8 percentage points from the previous candle — from -48.5% to -78.3%. This drop is larger than 89% of past drops on the 4H timeframe for USDCAD.

Do USDCAD price and energy agree?

Yes. Both price and energy moved down 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 -48.5%, Bear Bias — when this candle closed, USDCAD moved down to a lower zone: Bear Bias → Bear Extreme.

Where does USDCAD energy sit within the Bear Extreme zone?

At -78.3%, USDCAD is 3.8 points from the upper boundary of Bear Extreme (-74.5%) and 21.7 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 Extreme with energy 79%; GER40 (European equities) in Bull Bias with energy 30.1%. Against this backdrop, USDCAD (Bear Extreme, -78.3%) 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 Critical with Market Energy -71%. USDCAD (Bear Extreme) and DXY currently sit on the same Bear side.

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 →

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