Analysis

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Price and energy
NZDJPY from 91.4435 to 91.5175, up 0.08%
Market Energy Bull Bias 38.8% to Bull Bias 48.0%, up 9.2 pts
Price and energy are in agreement
Volatility · vs history since 2019
Price up 0.08% — higher than 58% of past rises
0%255075100%
Energy up 9.2 pts — higher than 49% of past rises
Trend & volatility · last 4 candles
0.06% 0.00% 0.02% 0.08% 9.6 3.2 9.4 9.2
priceenergy up · down
RESEARCH

Trend of Bull Bias NZDJPY 1H

Sample: 57,804 1H candles from 2017-05-01 to 2026-08-28
Number of Bull Bias occurrences: 4,646 times

When NZDJPY is in Bull Bias:

  • then NZDJPY moved to higher Market State: 1,846 times39.7%
  • then NZDJPY moved to lower Market State: 2,800 times60.3%

Current NZDJPY market energy: 47.98%

  • Distance to upper bound of Bull Bias (at 60%): 12.02%
  • Distance to lower bound of Bull Bias (at 20.88%): 27.1%

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

NZDJPY · H1 · 2024-04-15 12:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
38.8%
Bull Bias
48.0%
Bull Bias
26.0%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

With the 1H candle just closed, NZDJPY in the energy zone leaning Bull.

Market energy measurement The energy level rose +9.2%: from 38.8% now at 48%.

Time in Bull Bias energy zone: 6 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 -98.1 to +94.5.

Knowledge

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

Frequently asked questions

What state was NZDJPY on 1H when this candle closed?

When the 1H candle at 19:00 on 15-04-2024 closed, NZDJPY was in Bull Bias with Market Energy 48%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 9.2 percentage points from the previous candle — from 38.8% to 48%.

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

The previous 1H candle had NZDJPY at 38.8%, Bull Bias — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bull Bias zone?

At 48%, NZDJPY is 12.02 points from the upper boundary of Bull Bias (60%) and 27.1 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 Extreme with energy 74.7%; GER40 (European equities) in Bull Extreme with energy 91.6%. Against this backdrop, NZDJPY (Bull Bias, 48%) lower 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 20.3%. NZDJPY energy is currently above DXY by 27.7 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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