Analysis

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Candle close
Price and energy
USDJPY from 104.308 to 104.365, up 0.05%
Market Energy Neutral -4.3% to Bull Bias 25.3%, up 29.5 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.04%▼ 0.05%▲ 0.06%▲ 0.05%
Energy▼ 15.7▼ 58.8▲ 15.4▲ 29.5
Volatility trend chart · last 4 sessions
▼ 0.04%▼ 0.05%▲ 0.06%▲ 0.05%▼ 15.7▼ 58.8▲ 15.4▲ 29.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.05% — higher than 67% of past rises
0%255075100%
Energy up 29.5 pts — higher than 87% of past rises
RESEARCH

Trend of Bull Bias USDJPY 1H

Sample: 73,036 1H candles from 2015-01-01 to 2026-09-25
Number of Bull Bias occurrences: 5,578 times

▸When USDJPY is in Bull Bias:

  • then USDJPY moved to higher Market State: 2,288 times — 41%
  • then USDJPY moved to lower Market State: 3,290 times — 59%

▸Current USDJPY market energy: 25.25%

  • Distance to upper bound of Bull Bias (at 60%): 34.75%
  • Distance to lower bound of Bull Bias (at 20.88%): 4.37%

"Why does archaeology matter?" — 2AITRADING

USDJPY · H1 · 2021-01-28 12:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-4.3%
Neutral
25.3%
Bull Bias
-10.3%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Measurement result after the 1H candle closes, USDJPY within the Bull Bias state.

The market energy reading Market Energy rose +29.5% this candle, currently 25.3% (previous candle -4.3%).

Time in Bull Bias 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, USDJPY Market Energy ranged from -91.3 to +99.

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 1H candle closed?

When the 1H candle at 19:00 on 28-01-2021 closed, USDJPY was at 104.365, up 0.05% from the previous candle (104.308). Market Energy was 25.3%, up 29.5 points from -4.3%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

USDJPY closed at 104.365, up 0.05% from the previous 1H candle (104.308). This rise is larger than 67% of past rises on the 1H timeframe for USDJPY, across 12,924 candles since 2019.

How did USDJPY Market Energy change from the previous candle?

Market Energy rose 29.5 percentage points from the previous candle — from -4.3% to 25.3%. This rise is larger than 87% of past rises on the 1H timeframe for USDJPY.

Do USDJPY price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

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

The previous 1H candle had USDJPY at -4.3%, Neutral — when this candle closed, USDJPY moved up to a higher zone: Neutral → Bull Bias.

Where does USDJPY energy sit within the Bull Bias zone?

At 25.3%, USDJPY is 34.75 points from the upper boundary of Bull Bias (60%) and 4.37 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 Neutral with energy 10.9%; GER40 (European equities) in Bull Bias with energy 27%. Against this backdrop, USDJPY (Bull Bias, 25.3%) has higher energy than SPX500; sits in the same state zone as 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 18.4%. USDJPY energy is currently above DXY by 6.9 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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