Analysis

·

Candle close
Price and energy
NZDJPY from 68.7125 to 68.602, down 0.16%
Market Energy Bull Bias 53.7% to Bull Bias 59.1%, up 5.4 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 0.03%▼ 0.09%▲ 0.50%▼ 0.16%
Energy▼ 13.0▼ 50.7▲ 60.3▲ 5.4
Volatility trend chart · last 4 sessions
▲ 0.03%▼ 0.09%▲ 0.50%▼ 0.16%▼ 13.0▼ 50.7▲ 60.3▲ 5.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.16% — higher than 90% of past drops
0%255075100%
Energy up 5.4 pts — higher than 31% of past rises
RESEARCH

Trend of Bull Bias NZDJPY 1H

Sample: 58,477 1H candles from 2017-05-01 to 2026-10-07
Number of Bull Bias occurrences: 4,691 times

▸When NZDJPY is in Bull Bias:

  • then NZDJPY moved to higher Market State: 1,864 times — 39.7%
  • then NZDJPY moved to lower Market State: 2,827 times — 60.3%

▸Current NZDJPY market energy: 59.14%

  • Distance to upper bound of Bull Bias (at 60%): 0.86%
  • Distance to lower bound of Bull Bias (at 20.88%): 38.26%

"History always repeats itself, one way or another" — 2AITRADING

NZDJPY · H1 · 2019-08-08 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
53.7%
Bull Bias
59.1%
Bull Bias
50.9%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

NZDJPY processing result: the Bull Bias level after the 1H candle closed.

Market energy movement Market Energy rose +5.4% from the previous session, from 53.7% to 59.1%.

Time in Bull Bias energy zone: 2 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 -99.4 to +88.6.

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 09:00 on 08-08-2019 closed, NZDJPY was at 68.602, down 0.16% from the previous candle (68.7125). Market Energy was 59.1%, up 5.4 points from 53.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

NZDJPY closed at 68.602, down 0.16% from the previous 1H candle (68.7125). This drop is larger than 90% of past drops on the 1H timeframe for NZDJPY, across 3,763 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 5.4 percentage points from the previous candle — from 53.7% to 59.1%. This rise is larger than 31% of past rises on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

No. This candle recorded a price decline with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had NZDJPY at 53.7%, Bull Bias — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bull Bias zone?

At 59.1%, NZDJPY is 0.86 points from the upper boundary of Bull Bias (60%) and 38.26 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 Bull Bias with energy 58.8%; GER40 (European equities) in Bull Bias with energy 47.5%. Against this backdrop, NZDJPY (Bull Bias, 59.1%) sits in the same state zone as 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 Neutral with Market Energy 15.6%. NZDJPY energy is currently above DXY by 43.5 points.

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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