Analysis

·

Candle close
Price and energy
NZDJPY from 71.373 to 71.3055, down 0.09%
Market Energy Neutral 17.2% to Bear Bias -38.7%, down 55.9 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.02%▲ 0.02%▲ 0.03%▼ 0.09%
Energy▲ 3.6▲ 3.1▲ 3.6▼ 55.9
Volatility trend chart · last 4 sessions
▼ 0.02%▲ 0.02%▲ 0.03%▼ 0.09%▲ 3.6▲ 3.1▲ 3.6▼ 55.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.09% — higher than 72% of past drops
0%255075100%
Energy down 55.9 pts — higher than 94% of past drops
RESEARCH

Trend of Bear Bias NZDJPY 1H

Sample: 58,482 1H candles from 2017-05-01 to 2026-10-08
Number of Bear Bias occurrences: 4,422 times

▸When NZDJPY is in Bear Bias:

  • then NZDJPY moved to higher Market State: 2,775 times — 62.8%
  • then NZDJPY moved to lower Market State: 1,647 times — 37.2%

▸Current NZDJPY market energy: -38.69%

  • Distance to upper bound of Bear Bias (at -20.88%): 17.81%
  • Distance to lower bound of Bear Bias (at -60%): 21.31%

"Why does archaeology matter?" — 2AITRADING

NZDJPY · H1 · 2019-06-13 01:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
17.2%
Neutral
-38.7%
Bear Bias
-88.0%
Bear Extreme
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Right as the 1H candle closes, Market NZDJPY in the energy zone leaning Bear.

Per the 2AiTrading energy measurement system, A -55.9% change from the previous candle, Market Energy is now -38.7% (previous: 17.2%).

Time in Bear Bias energy zone: 1 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 -91.1 to +61.8.

Knowledge

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

Frequently asked questions

What did NZDJPY price and energy show when this 1H candle closed?

When the 1H candle at 08:00 on 13-06-2019 closed, NZDJPY was at 71.3055, down 0.09% from the previous candle (71.373). Market Energy was -38.7%, down 55.9 points from 17.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did NZDJPY price move on this 1H candle, and how large is that historically?

NZDJPY closed at 71.3055, down 0.09% from the previous 1H candle (71.373). This drop is larger than 72% of past drops on the 1H timeframe for NZDJPY, across 2,798 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 55.9 percentage points from the previous candle — from 17.2% to -38.7%. This drop is larger than 94% of past drops on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

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

The previous 1H candle had NZDJPY at 17.2%, Neutral — when this candle closed, NZDJPY moved down to a lower zone: Neutral → Bear Bias.

Where does NZDJPY energy sit within the Bear Bias zone?

At -38.7%, NZDJPY is 17.81 points from the upper boundary of Bear Bias (-20.88%) and 21.31 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 -61.7%; GER40 (European equities) in Bear Bias with energy -24.6%. Against this backdrop, NZDJPY (Bear Bias, -38.7%) 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 Extreme with Market Energy 78.2%. NZDJPY (Bear Bias) and DXY currently sit on opposite sides.

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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