Analysis

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Candle close
Price and energy
NZDJPY from 84.512 to 84.476, down 0.04%
Market Energy Bull Bias 39.2% to Bull Bias 35.4%, down 3.8 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.11%▲ 0.11%▼ 0.03%▼ 0.04%
Energy▼ 13.9▲ 4.3▲ 8.7▼ 3.8
Volatility trend chart · last 4 sessions
▼ 0.11%▲ 0.11%▼ 0.03%▼ 0.04%▼ 13.9▲ 4.3▲ 8.7▼ 3.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.04% — higher than 37% of past drops
0%255075100%
Energy down 3.8 pts — higher than 25% of past drops
RESEARCH

Trend of Bull Bias NZDJPY 1H

Sample: 58,501 1H candles from 2017-05-01 to 2026-10-08
Number of Bull Bias occurrences: 4,693 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: 2,829 times — 60.3%

▸Current NZDJPY market energy: 35.42%

  • Distance to upper bound of Bull Bias (at 60%): 24.58%
  • Distance to lower bound of Bull Bias (at 20.88%): 14.54%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

NZDJPY · H1 · 2022-05-05 09:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
39.2%
Bull Bias
35.4%
Bull Bias
26.7%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Bull Bias determined for NZDJPY through the 1H candle data.

Market movement just recorded on the 1H timeframe, The energy level dropped -3.8%: from 39.2% now at 35.4%.

Time in Bull Bias energy zone: 13 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 -80.6 to +80.8.

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 16:00 on 05-05-2022 closed, NZDJPY was at 84.476, down 0.04% from the previous candle (84.512). Market Energy was 35.4%, down 3.8 points from 39.2%, 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 84.476, down 0.04% from the previous 1H candle (84.512). This drop is larger than 37% of past drops on the 1H timeframe for NZDJPY, across 20,855 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 3.8 percentage points from the previous candle — from 39.2% to 35.4%. This drop is larger than 25% of past drops on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. 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 39.2%, Bull Bias — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bull Bias zone?

At 35.4%, NZDJPY is 24.58 points from the upper boundary of Bull Bias (60%) and 14.54 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 Bear Critical with energy -74.5%; GER40 (European equities) in Bear Extreme with energy -94.7%. Against this backdrop, NZDJPY (Bull Bias, 35.4%) 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 Neutral with Market Energy 14.5%. NZDJPY energy is currently above DXY by 20.9 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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