Analysis

USDCAD 1.4006 ↓<0.01%: Bears have the edge · 4H 04:00 Oct 24, 2026

·
Candle close
Price and energy
Open 1.4006 · High 1.4016 · Low 1.3984 · Close 1.4006 · Range (high − low) 0.00317
USDCAD closed at 1.4006, down 0.00004 (-0.00%) from 1.4006.
Bull–Bear energy behind the price: the market moved from the Bear Critical zone at -61.8% to Bear Bias at -24.1%, up 37.6 points.
Energy diverges from price.
Price and energy · last 4 candles
Price1.40151.39741.40061.4006
Energy-59.3%-87.9%-61.8%-24.1%
Price change↑ 0.01%↓ 0.29%↑ 0.23%↓ 0.00%
Energy change↑ 18.1↓ 28.7↑ 26.2↑ 37.6
Volatility trend chart · last 4 sessions
↑ 0.01%↓ 0.29%↑ 0.23%↓ 0.00%↑ 18.1↓ 28.7↑ 26.2↑ 37.6
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.00% — higher than 2% of past drops
0%255075100%
Energy up 37.6 pts — higher than 92% of past rises
Knowledge

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

RESEARCH

Trend of Bear Bias USDCAD 4H

Sample: 18,372 4H candles from 2014-12-31 to 2026-10-22
Number of Bear Bias occurrences: 1,379 times

▸When USDCAD is in Bear Bias:

  • then USDCAD moved to higher Market State: 955 times — 69.3%
  • then USDCAD moved to lower Market State: 424 times — 30.7%

▸Current USDCAD market energy: -24.15%

  • Distance to upper bound of Bear Bias (at -20.88%): 3.27%
  • Distance to lower bound of Bear Bias (at -60%): 35.85%

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

USDCAD · H4 · 2026-10-23 17:00 UTC
Preview the last 30 candles — price and energy
View live USDCAD chart →
Market Energy
-61.8%
Bear Critical
-24.1%
Bear Bias
Expected at
08:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Following the completion of the 4H candle, USDCAD currently in the Bear Bias zone.

Market trend energy Market Energy rose +37.6% from the previous candle, from -61.8% to -24.1%.

Time in Bear Bias 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 -97.6 to -24.1.

Frequently asked questions

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

When the 4H candle closed at 04:00 on 24-10-2026, USDCAD was at 1.4006, down <0.01% from the previous candle (1.4006). Market Energy was -24.1%, up 37.6 points from -61.8%, 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 1.4006, down <0.01% from the previous 4H candle (1.4006). This drop is larger than 2% of past drops on the 4H timeframe for USDCAD, across 12,168 candles since 2019.

How did USDCAD Market Energy change from the previous candle?

Market Energy rose 37.6 percentage points from the previous candle — from -61.8% to -24.1%. This rise is larger than 92% of past rises on the 4H timeframe for USDCAD.

Do USDCAD price and energy agree?

No. On this candle price fell but energy rose — the two moved in opposite directions. This describes a closed candle, not a forecast of where price goes next.

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

The previous 4H candle had USDCAD at -61.8%, Bear Critical — when this candle closed, USDCAD moved up to a higher zone: Bear Critical → Bear Bias.

Where does USDCAD energy sit within the Bear Bias zone?

At -24.1%, USDCAD is 3.27 points from the upper boundary of Bear Bias (-20.88%) and 35.85 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 Bull Bias with energy 46%; GER40 (European equities) in Neutral with energy 11.4%. Against this backdrop, USDCAD (Bear Bias, -24.1%) 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 Bull Bias with Market Energy 31.7%. 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 →

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