Analysis

·

Candle open
Price and energy
USDJPY from 147.609 to 146.965, down 0.44%
Market Energy Bull Bias 36.9% to Neutral 12.3%, down 24.7 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.01%▼ 0.46%▲ 0.07%▼ 0.44%
Energy▲ 7.6▼ 22.5▼ 9.2▼ 24.7
Volatility trend chart · last 4 sessions
▲ 0.01%▼ 0.46%▲ 0.07%▼ 0.44%▲ 7.6▼ 22.5▼ 9.2▼ 24.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.44% — higher than 75% of past drops
0%255075100%
Energy down 24.7 pts — higher than 76% of past drops
RESEARCH

Trend of Neutral USDJPY Daily

Sample: 4,060 Daily candles from 2013-01-02 to 2026-10-07
Number of Neutral occurrences: 330 times

▸When USDJPY is in Neutral:

  • then USDJPY moved to higher Market State: 180 times — 54.5%
  • then USDJPY moved to lower Market State: 150 times — 45.5%

▸Current USDJPY market energy: 12.27%

  • Distance to upper bound of Neutral (at 20.88%): 8.61%
  • Distance to lower bound of Neutral (at -20.88%): 33.15%

"Why does archaeology matter?" — 2AITRADING

USDJPY · D1 · 2024-01-31 00:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
36.9%
Bull Bias
12.3%
Neutral
-16.1%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the Daily candle completes, USDJPY recorded in the Neutral energy state.

Market energy movement Market Energy at 12.3%, down -24.7% from 36.9% in the previous candle.

Time in Neutral energy zone: 1 Daily 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, USDJPY Market Energy ranged from +12.3 to +68.7.

Knowledge

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

Frequently asked questions

What did USDJPY price and energy show when this Daily candle closed?

When the Daily candle at 07:00 on 31-01-2024 closed, USDJPY was at 146.965, down 0.44% from the previous candle (147.609). Market Energy was 12.3%, down 24.7 points from 36.9%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did USDJPY price move on this Daily candle, and how large is that historically?

USDJPY closed at 146.965, down 0.44% from the previous Daily candle (147.609). This drop is larger than 75% of past drops on the Daily timeframe for USDJPY, across 1,589 candles since 2019.

How did USDJPY Market Energy change from the previous candle?

Market Energy fell 24.7 percentage points from the previous candle — from 36.9% to 12.3%. This drop is larger than 76% of past drops on the Daily timeframe for USDJPY.

Do USDJPY 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 USDJPY in on the previous Daily candle?

The previous Daily candle had USDJPY at 36.9%, Bull Bias — when this candle closed, USDJPY moved down to a lower zone: Bull Bias → Neutral.

Where does USDJPY energy sit within the Neutral zone?

At 12.3%, USDJPY is 8.61 points from the upper boundary of Neutral (20.88%) and 33.15 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 -92.2%; GER40 (European equities) in Bear Extreme with energy -86.1%. Against this backdrop, USDJPY (Neutral, 12.3%) 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 -14.4%. USDJPY energy is currently above DXY by 26.7 points.

Real-time Energy Chart

See the real-time energy chart for USDJPY.

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 USDJPY on the USDJPY overview →

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