Analysis

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Price and energy
NZDUSD from 0.58812 to 0.58523, down 0.49%
Market Energy Bear Bias -21.8% to Bear Critical -63.4%, down 41.6 pts
Down candle #4 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.21%0.05%0.11%0.49%
Energy22.112.921.241.6
Volatility trend chart · last 4 sessions
0.21% 0.05% 0.11% 0.49% 22.1 12.9 21.2 41.6
priceenergy up · down
Volatility · vs history since 2019
Price down 0.49% — higher than 99% of past drops
0%255075100%
Energy down 41.6 pts — higher than 95% of past drops
RESEARCH

Trend of Bear Critical NZDUSD 1H

Sample: 72,868 1H candles from 2015-01-01 to 2026-09-17
Number of Bear Critical occurrences: 2,326 times

When NZDUSD is in Bear Critical:

  • then NZDUSD moved to higher Market State: 1,646 times70.8%
  • then NZDUSD moved to lower Market State: 680 times29.2%

Current NZDUSD market energy: -63.4%

  • Distance to upper bound of Bear Critical (at -60%): 3.4%
  • Distance to lower bound of Bear Critical (at -74.5%): 11.1%

"To truly understand anything, study its history" — 2AITRADING

NZDUSD · H1 · 2026-04-19 21:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-21.8%
Bear Bias
-63.4%
Bear Critical
-36.3%
Bear Bias
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

As the 1H candle closes, Market NZDUSD in the near-extreme Bear energy zone.

The energy side shows Market Energy moved from -21.8% to -63.4%, down -41.6% from the previous candle.

Time in Bear 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, NZDUSD Market Energy ranged from -82 to +93.

Knowledge

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

Frequently asked questions

What did NZDUSD price and energy show when this 1H candle closed?

When the 1H candle at 04:00 on 20-04-2026 closed, NZDUSD was at 0.58523, down 0.49% from the previous candle (0.58812). Market Energy was -63.4%, down 41.6 points from -21.8%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

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

NZDUSD closed at 0.58523, down 0.49% from the previous 1H candle (0.58812). This drop is larger than 99% of past drops on the 1H timeframe for NZDUSD, across 45,423 candles since 2019.

How did NZDUSD Market Energy change from the previous candle?

Market Energy fell 41.6 percentage points from the previous candle — from -21.8% to -63.4%. This drop is larger than 95% of past drops on the 1H timeframe for NZDUSD.

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 -21.8%, Bear Bias — when this candle closed, NZDUSD moved down to a lower zone: Bear Bias → Bear Critical.

Where does NZDUSD energy sit within the Bear Critical zone?

At -63.4%, NZDUSD is 3.4 points from the upper boundary of Bear Critical (-60%) and 11.1 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bear Critical mean?

Bear 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 Bear 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 Bull Critical with energy 73.5%; GER40 (European equities) in Bull Critical with energy 70.8%. Against this backdrop, NZDUSD (Bear Critical, -63.4%) 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 Bull Critical with Market Energy 73.1%. NZDUSD (Bear Critical) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for NZDUSD.

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 NZDUSD on the NZDUSD overview →

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