Analysis

USDCHF 0.82423 ↓0.04%: Bears have the edge · 4H 20:00 Oct 21, 2026

·
Candle close
Price and energy
Open 0.8246 · High 0.82587 · Low 0.82384 · Close 0.82423 · Range (high − low) 0.00203
USDCHF closed at 0.82423, down 0.00035 (-0.04%) from 0.82458.
Bull–Bear energy behind the price: the market moved from the Neutral zone at -4.9% to Bear Bias at -35.7%, down 30.8 points.
Third straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price0.825760.825620.824580.82423
Energy22.9%24.0%-4.9%-35.7%
Price change↑ 0.14%↓ 0.02%↓ 0.13%↓ 0.04%
Energy change↑ 5.4↑ 1.1↓ 29.0↓ 30.8
Volatility trend chart · last 4 sessions
↑ 0.14%↓ 0.02%↓ 0.13%↓ 0.04%↑ 5.4↑ 1.1↓ 29.0↓ 30.8
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.04% — higher than 27% of past drops
0%255075100%
Energy down 30.8 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 Bias USDCHF 4H

Sample: 18,358 4H candles from 2014-12-31 to 2026-10-20
Number of Bear Bias occurrences: 1,348 times

▸When USDCHF is in Bear Bias:

  • then USDCHF moved to higher Market State: 943 times — 70%
  • then USDCHF moved to lower Market State: 405 times — 30%

▸Current USDCHF market energy: -35.74%

  • Distance to upper bound of Bear Bias (at -20.88%): 14.86%
  • Distance to lower bound of Bear Bias (at -60%): 24.26%

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

USDCHF · H4 · 2026-10-21 09:00 UTC
Preview the last 30 candles — price and energy
View live USDCHF chart →
Market Energy
-4.9%
Neutral
-35.7%
Bear Bias
-36.2%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

After the 4H candle closes, USDCHF recorded in the Bear trend energy zone.

On the energy side, Market Energy moved from -4.9% to -35.7%, down -30.8% from the previous candle.

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, USDCHF Market Energy ranged from -75.7 to 51.6.

Frequently asked questions

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

When the 4H candle closed at 20:00 on 21-10-2026, USDCHF was at 0.82423, down 0.04% from the previous candle (0.82458). Market Energy was -35.7%, down 30.8 points from -4.9%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did USDCHF price move on this 4H candle, and how large is that historically?

USDCHF closed at 0.82423, down 0.04% from the previous 4H candle (0.82458). This drop is larger than 27% of past drops on the 4H timeframe for USDCHF, across 12,154 candles since 2019.

How did USDCHF Market Energy change from the previous candle?

Market Energy fell 30.8 percentage points from the previous candle — from -4.9% to -35.7%. This drop is larger than 89% of past drops on the 4H timeframe for USDCHF.

Do USDCHF price and energy agree?

Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.

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

The previous 4H candle had USDCHF at -4.9%, Neutral — when this candle closed, USDCHF moved down to a lower zone: Neutral → Bear Bias.

Where does USDCHF energy sit within the Bear Bias zone?

At -35.7%, USDCHF is 14.86 points from the upper boundary of Bear Bias (-20.88%) and 24.26 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 Critical with energy -68.8%; GER40 (European equities) in Neutral with energy 4.9%. Against this backdrop, USDCHF (Bear Bias, -35.7%) has higher energy than SPX500; lower than 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 Bias with Market Energy -22.5%. USDCHF (Bear Bias) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for USDCHF.

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 USDCHF on the USDCHF overview →

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