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| Price | ▼ 0.06% | ▲ 0.35% | ▲ 0.09% | ▼ 0.76% |
| Energy | ▼ 15.1 | ▲ 29.6 | ▲ 20.3 | ▼ 104.0 |
Trend of Bear Bias NZDUSD 1H
▸When NZDUSD is in Bear Bias:
- then NZDUSD moved to higher Market State: 4,022 times — 69.8%
- then NZDUSD moved to lower Market State: 1,742 times — 30.2%
▸Current NZDUSD market energy: -38.91%
- Distance to upper bound of Bear Bias (at -20.88%): 18.03%
- Distance to lower bound of Bear Bias (at -60%): 21.09%
"A person's history reveals more than you might think" — 2AITRADING
The Bear Bias energy level determined for NZDUSD through the 1H candle data.
Meanwhile, Market Energy reading dropped -104%, moving from 65.1% to -38.9% after the 1H candle.
Time in Bear Bias energy zone: 1 1H Candle
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.
Over the past 5 days, NZDUSD Market Energy ranged from -42.2 to +75.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did NZDUSD price and energy show when this 1H candle closed?
When the 1H candle at 19:00 on 06-07-2023 closed, NZDUSD was at 0.61711, down 0.76% from the previous candle (0.62182). Market Energy was -38.9%, down 104.0 points from 65.1%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did NZDUSD price move on this 1H candle, and how large is that historically?
NZDUSD closed at 0.61711, down 0.76% from the previous 1H candle (0.62182). This is the largest of all drops on the 1H timeframe for NZDUSD on record since 2019.
How did NZDUSD Market Energy change from the previous candle?
Market Energy fell 104 percentage points from the previous candle — from 65.1% to -38.9%. This is the largest of all drops on the 1H timeframe for NZDUSD on record since 2019.
Do NZDUSD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was NZDUSD in on the previous 1H candle?
The previous 1H candle had NZDUSD at 65.1%, Bull Critical — when this candle closed, NZDUSD moved down to a lower zone: Bull Critical → Bear Bias.
Where does NZDUSD energy sit within the Bear Bias zone?
At -38.9%, NZDUSD is 18.03 points from the upper boundary of Bear Bias (-20.88%) and 21.09 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Extreme with energy -91.3%; GER40 (European equities) in Bear Extreme with energy -96.4%. Against this backdrop, NZDUSD (Bear Bias, -38.9%) 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 Bear Bias with Market Energy -29.8%. NZDUSD (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for NZDUSD.
Open Energy ChartSee the full 2AiTrading Model data for NZDUSD on the NZDUSD overview →
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