Analysis

EURNZD 1.9741 ↑0.21%: Bears have the edge · D Oct 22, 2026

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Candle open
Price and energy
Open 1.9699 · High 1.9788 · Low 1.9669 · Close 1.9741 · Range (high − low) 0.01197
EURNZD closed at 1.9741, up 0.00421 (+0.21%) from 1.9699.
Bull–Bear energy behind the price: the market moved from the Bear Critical zone at -69.8% to Bear Bias at -54.6%, up 15.2 points.
Price and energy are moving up together.
Price and energy · last 4 candles
Price1.97931.97751.96991.9741
Energy-47.5%-48.8%-69.8%-54.6%
Price change↓ 0.23%↓ 0.09%↓ 0.38%↑ 0.21%
Energy change↑ 5.9↓ 1.2↓ 21.1↑ 15.2
Volatility trend chart · last 4 sessions
↓ 0.23%↓ 0.09%↓ 0.38%↑ 0.21%↑ 5.9↓ 1.2↓ 21.1↑ 15.2
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.21% — higher than 49% of past rises
0%255075100%
Energy up 15.2 pts — higher than 65% of past rises
Knowledge

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

RESEARCH

Trend of Bear Bias EURNZD Daily

Sample: 4,045 Daily candles from 2013-01-02 to 2026-10-21
Number of Bear Bias occurrences: 320 times

▸When EURNZD is in Bear Bias:

  • then EURNZD moved to higher Market State: 236 times — 73.8%
  • then EURNZD moved to lower Market State: 84 times — 26.3%

▸Current EURNZD market energy: -54.63%

  • Distance to upper bound of Bear Bias (at -20.88%): 33.75%
  • Distance to lower bound of Bear Bias (at -60%): 5.37%

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

EURNZD · D1 · 2026-10-22 00:00 UTC
Preview the last 30 candles — price and energy
View live EURNZD chart →
Market Energy
-69.8%
Bear Critical
-54.6%
Bear Bias
Expected at
07:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Observing the completed Daily candle, EURNZD in Bear Bias.

Looking at the Market Energy reading, Market Energy rose +15.2% this candle, currently -54.6% (previous candle -69.8%).

Time in Bear Bias 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, EURNZD Market Energy ranged from -69.8 to -47.5.

Frequently asked questions

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

When the Daily candle closed at 07:00 on 22-10-2026, EURNZD was at 1.9741, up 0.21% from the previous candle (1.9699). Market Energy was -54.6%, up 15.2 points from -69.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

EURNZD closed at 1.9741, up 0.21% from the previous Daily candle (1.9699). This rise is larger than 49% of past rises on the Daily timeframe for EURNZD, across 2,439 candles since 2019.

How did EURNZD Market Energy change from the previous candle?

Market Energy rose 15.2 percentage points from the previous candle — from -69.8% to -54.6%. This rise is larger than 65% of past rises on the Daily timeframe for EURNZD.

Do EURNZD price and energy agree?

Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.

What state was EURNZD in on the previous Daily candle?

The previous Daily candle had EURNZD at -69.8%, Bear Critical — when this candle closed, EURNZD moved up to a higher zone: Bear Critical → Bear Bias.

Where does EURNZD energy sit within the Bear Bias zone?

At -54.6%, EURNZD is 33.75 points from the upper boundary of Bear Bias (-20.88%) and 5.37 points from the lower boundary (-60%) — so energy sits closer to the lower 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 -79.5%; GER40 (European equities) in Bear Bias with energy -28%. Against this backdrop, EURNZD (Bear Bias, -54.6%) 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 Bear Bias with Market Energy -21%. EURNZD (Bear Bias) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for EURNZD.

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 EURNZD on the EURNZD overview →

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