Analysis

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Price and energy
NZDJPY from 75.658 to 75.737, up 0.10%
Market Energy Bull Bias 32.5% to Bull Bias 49.5%, up 17.0 pts
Up candle #4 in a rowPrice and energy are in agreement
Volatility · vs history since 2019
Price up 0.10% — higher than 65% of past rises
0%255075100%
Energy up 17.0 pts — higher than 65% of past rises
Trend & volatility · last 4 candles
0.08% 0.05% 0.01% 0.10% 4.1 10.0 4.7 17.0
priceenergy up · down
RESEARCH

Trend of Bull Bias NZDJPY 1H

Sample: 57,804 1H candles from 2017-05-01 to 2026-08-28
Number of Bull Bias occurrences: 4,646 times

When NZDJPY is in Bull Bias:

  • then NZDJPY moved to higher Market State: 1,846 times39.7%
  • then NZDJPY moved to lower Market State: 2,800 times60.3%

Current NZDJPY market energy: 49.52%

  • Distance to upper bound of Bull Bias (at 60%): 10.48%
  • Distance to lower bound of Bull Bias (at 20.88%): 28.64%

"Does history really repeat itself?" — 2AITRADING

NZDJPY · H1 · 2019-02-04 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
32.5%
Bull Bias
49.5%
Bull Bias
41.5%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Following the completion of the 1H candle, Market NZDJPY in the energy zone leaning Bull.

The energy side shows Market trend energy recorded a +17% rise from the previous candle, from 32.5% to 49.5%.

Time in Bull Bias energy zone: 3 1H 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, NZDJPY Market Energy ranged from -65.9 to +93.2.

Knowledge

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

Frequently asked questions

What state was NZDJPY on 1H when this candle closed?

When the 1H candle at 14:00 on 04-02-2019 closed, NZDJPY was in Bull Bias with Market Energy 49.5%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 17 percentage points from the previous candle — from 32.5% to 49.5%.

What state was NZDJPY in on the previous 1H candle?

The previous 1H candle had NZDJPY at 32.5%, Bull Bias — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bull Bias zone?

At 49.5%, NZDJPY is 10.48 points from the upper boundary of Bull Bias (60%) and 28.64 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 Neutral with energy 3.4%; GER40 (European equities) in Bull Bias with energy 26.6%. Against this backdrop, NZDJPY (Bull Bias, 49.5%) has higher energy than SPX500; sits in the same state zone as 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 55.2%. NZDJPY (Bull Bias) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for NZDJPY.

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 NZDJPY on the NZDJPY overview →

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