I am not sure if this is new in Melodyne or whether Cakewalk now imports more information.
From what I can remember I have never had access to the frequency bar graph except when using Melodyne Studio as a standalone.
This snapshot is of an instance of Melodyne applied to a clip.
You can see the bar graph at the bottom. You can select frequency ranges and boost or lower them. Here I select some high frequencies and anticipate boosting them a little. You can listen to the differences in real time and watch the frequency components bounce up and down.