Analysis

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Candle close
Price and energy
NZDJPY from 70.6385 to 70.6665, up 0.04%
Market Energy Bull Bias 59.8% to Bull Critical 67.5%, up 7.7 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.07%▼ 0.07%▲ 0.04%▲ 0.04%
Energy▲ 24.9▼ 12.3▼ 2.2▲ 7.7
Volatility trend chart · last 4 sessions
▲ 0.07%▼ 0.07%▲ 0.04%▲ 0.04%▲ 24.9▼ 12.3▼ 2.2▲ 7.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.04% — higher than 35% of past rises
0%255075100%
Energy up 7.7 pts — higher than 42% of past rises
RESEARCH

Trend of Bull Critical NZDJPY 1H

Sample: 58,492 1H candles from 2017-05-01 to 2026-10-08
Number of Bull Critical occurrences: 2,817 times

▸When NZDJPY is in Bull Critical:

  • then NZDJPY moved to higher Market State: 869 times — 30.8%
  • then NZDJPY moved to lower Market State: 1,948 times — 69.2%

▸Current NZDJPY market energy: 67.5%

  • Distance to upper bound of Bull Critical (at 74.5%): 7%
  • Distance to lower bound of Bull Critical (at 60%): 7.5%

"Does history really repeat itself?" — 2AITRADING

NZDJPY · H1 · 2020-07-09 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
59.8%
Bull Bias
67.5%
Bull Critical
31.1%
Bull Bias
Zone
60 – 74.5
Bias
Buyers in control
Explanation

Reading from the 1H candle, NZDJPY currently in the Bull Critical level.

The energy side shows Market Energy reading rose +7.7%, moving from 59.8% to 67.5% after the 1H candle.

Time in Bull Critical 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 -94.7 to +96.1.

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 14:00 on 09-07-2020 closed, NZDJPY was at 70.6665, up 0.04% from the previous candle (70.6385). Market Energy was 67.5%, up 7.7 points from 59.8%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

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

NZDJPY closed at 70.6665, up 0.04% from the previous 1H candle (70.6385). This rise is larger than 35% of past rises on the 1H timeframe for NZDJPY, across 9,501 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 7.7 percentage points from the previous candle — from 59.8% to 67.5%. This rise is larger than 42% of past rises on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. Both price and energy moved up on this candle. 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 59.8%, Bull Bias — when this candle closed, NZDJPY moved up to a higher zone: Bull Bias → Bull Critical.

Where does NZDJPY energy sit within the Bull Critical zone?

At 67.5%, NZDJPY is 7 points from the upper boundary of Bull Critical (74.5%) and 7.5 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.

What does Bull Critical mean?

Bull Critical 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 Critical 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 11.7%; GER40 (European equities) in Bull Bias with energy 29.8%. Against this backdrop, NZDJPY (Bull Critical, 67.5%) has higher energy than 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 Bull Bias with Market Energy 34%. NZDJPY (Bull Critical) 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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