Analysis

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Candle close
Price and energy
NZDJPY from 78.548 to 78.603, up 0.07%
Market Energy Neutral 1.8% to Bull Bias 25.2%, up 23.4 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.23%▼ 0.05%▲ 0.08%▲ 0.07%
Energy▲ 40.4▲ 9.9▲ 12.3▲ 23.4
Volatility trend chart · last 4 sessions
▲ 0.23%▼ 0.05%▲ 0.08%▲ 0.07%▲ 40.4▲ 9.9▲ 12.3▲ 23.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.07% — higher than 54% of past rises
0%255075100%
Energy up 23.4 pts — higher than 80% of past rises
RESEARCH

Trend of Bull Bias NZDJPY 1H

Sample: 58,429 1H candles from 2017-05-01 to 2026-10-05
Number of Bull Bias occurrences: 4,685 times

▸When NZDJPY is in Bull Bias:

  • then NZDJPY moved to higher Market State: 1,861 times — 39.7%
  • then NZDJPY moved to lower Market State: 2,824 times — 60.3%

▸Current NZDJPY market energy: 25.21%

  • Distance to upper bound of Bull Bias (at 60%): 34.79%
  • Distance to lower bound of Bull Bias (at 20.88%): 4.33%

"Does history really repeat itself?" — 2AITRADING

NZDJPY · H1 · 2021-05-03 03:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
1.8%
Neutral
25.2%
Bull Bias
20.1%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

From the just-closed 1H candle data, Market NZDJPY in the Bull Bias state.

Market trend energy A +23.4% change from the previous candle, Market Energy is now 25.2% (previous: 1.8%).

Time in Bull 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 -89.7 to +94.2.

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 10:00 on 03-05-2021 closed, NZDJPY was at 78.603, up 0.07% from the previous candle (78.548). Market Energy was 25.2%, up 23.4 points from 1.8%, 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 78.603, up 0.07% from the previous 1H candle (78.548). This rise is larger than 54% of past rises on the 1H timeframe for NZDJPY, across 14,537 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 23.4 percentage points from the previous candle — from 1.8% to 25.2%. This rise is larger than 80% 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 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 1.8%, Neutral — when this candle closed, NZDJPY moved up to a higher zone: Neutral → Bull Bias.

Where does NZDJPY energy sit within the Bull Bias zone?

At 25.2%, NZDJPY is 34.79 points from the upper boundary of Bull Bias (60%) and 4.33 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 38.4%; GER40 (European equities) in Bull Bias with energy 41.1%. Against this backdrop, NZDJPY (Bull Bias, 25.2%) 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 Bull Extreme with Market Energy 83.1%. 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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