Analysis

EURJPY 177.7975 ↑0.03%: Bulls have the edge · 4H 08:00 Oct 21, 2026

·
Candle close
Price and energy
Open 177.7175 · High 177.825 · Low 177.685 · Close 177.7975 · Range (high − low) 0.14
EURJPY closed at 177.7975, up 0.0545 (+0.03%) from 177.743.
Bull–Bear energy behind the price: the market moved from the Bull Bias zone at 50.9% to Bull Bias at 56.4%, up 5.4 points.
Third straight up candle, price and energy are moving up together.
Price and energy · last 4 candles
Price177.412177.677177.743177.798
Energy-45.5%21.4%50.9%56.4%
Price change↓ 0.03%↑ 0.15%↑ 0.04%↑ 0.03%
Energy change↓ 2.2↑ 66.8↑ 29.5↑ 5.4
Volatility trend chart · last 4 sessions
↓ 0.03%↑ 0.15%↑ 0.04%↑ 0.03%↓ 2.2↑ 66.8↑ 29.5↑ 5.4
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.03% — higher than 17% of past rises
0%255075100%
Energy up 5.4 pts — higher than 27% of past rises
Knowledge

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

RESEARCH

Trend of Bull Bias EURJPY 4H

Sample: 18,361 4H candles from 2014-12-31 to 2026-10-21
Number of Bull Bias occurrences: 1,683 times

▸When EURJPY is in Bull Bias:

  • then EURJPY moved to higher Market State: 761 times — 45.2%
  • then EURJPY moved to lower Market State: 922 times — 54.8%

▸Current EURJPY market energy: 56.35%

  • Distance to upper bound of Bull Bias (at 60%): 3.65%
  • Distance to lower bound of Bull Bias (at 20.88%): 35.47%

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

EURJPY · H4 · 2026-10-20 21:00 UTC
Preview the last 30 candles — price and energy
View live EURJPY chart →
Market Energy
50.9%
Bull Bias
56.4%
Bull Bias
3.3%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

After the 4H candle closes, Result for EURJPY: the Bull Bias energy level.

Market energy measurement Market Energy at 56.4%, up +5.4% from 50.9% in the previous candle.

Time in Bull Bias energy zone: 3 4H 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, EURJPY Market Energy ranged from -45.5 to 89.1.

Frequently asked questions

What did EURJPY price and energy show when this 4H candle closed?

When the 4H candle closed at 08:00 on 21-10-2026, EURJPY was at 177.7975, up 0.03% from the previous candle (177.743). Market Energy was 56.4%, up 5.4 points from 50.9%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did EURJPY price move on this 4H candle, and how large is that historically?

EURJPY closed at 177.7975, up 0.03% from the previous 4H candle (177.743). This rise is larger than 17% of past rises on the 4H timeframe for EURJPY, across 12,151 candles since 2019.

How did EURJPY Market Energy change from the previous candle?

Market Energy rose 5.4 percentage points from the previous candle — from 50.9% to 56.4%. This rise is larger than 27% of past rises on the 4H timeframe for EURJPY.

Do EURJPY price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was EURJPY in on the previous 4H candle?

The previous 4H candle had EURJPY at 50.9%, Bull Bias — this candle kept the same state, no zone change.

Where does EURJPY energy sit within the Bull Bias zone?

At 56.4%, EURJPY is 3.65 points from the upper boundary of Bull Bias (60%) and 35.47 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 91.5%; GER40 (European equities) in Bull Extreme with energy 96.5%. Against this backdrop, EURJPY (Bull Bias, 56.4%) 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 Bear Bias with Market Energy -22.7%. EURJPY (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for EURJPY.

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 EURJPY on the EURJPY overview →

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