Analysis

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Price and energy
NZDJPY from 89.377 to 89.204, down 0.19%
Market Energy Bull Bias 32.4% to Bear Bias -40.1%, down 72.6 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.08%0.02%0.02%0.19%
Energy36.518.012.272.6
Volatility trend chart · last 4 sessions
0.08% 0.02% 0.02% 0.19% 36.5 18.0 12.2 72.6
priceenergy up · down
Volatility · vs history since 2019
Price down 0.19% — higher than 88% of past drops
0%255075100%
Energy down 72.6 pts — higher than 97% of past drops
RESEARCH

Trend of Bear Bias NZDJPY 1H

Sample: 58,121 1H candles from 2017-05-01 to 2026-09-17
Number of Bear Bias occurrences: 4,390 times

When NZDJPY is in Bear Bias:

  • then NZDJPY moved to higher Market State: 2,759 times62.8%
  • then NZDJPY moved to lower Market State: 1,631 times37.2%

Current NZDJPY market energy: -40.15%

  • Distance to upper bound of Bear Bias (at -20.88%): 19.27%
  • Distance to lower bound of Bear Bias (at -60%): 19.85%

"A person's history reveals more than you might think" — 2AITRADING

NZDJPY · H1 · 2026-09-17 05:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
32.4%
Bull Bias
-40.1%
Bear Bias
-16.9%
Neutral
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

From the just-closed 1H candle data, NZDJPY reflects the Bear Bias zone.

Looking at the energy level, Compared to the previous candle (32.4%), Market Energy dropped -72.6% to -40.1%.

Time in Bear 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, NZDJPY Market Energy ranged from -91.8 to +91.8.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 12:00 on 17-09-2026 closed, NZDJPY was at 89.204, down 0.19% from the previous candle (89.377). Market Energy was -40.1%, down 72.6 points from 32.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

NZDJPY closed at 89.204, down 0.19% from the previous 1H candle (89.377). This drop is larger than 88% of past drops on the 1H timeframe for NZDJPY, across 48,042 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 72.6 percentage points from the previous candle — from 32.4% to -40.1%. This drop is larger than 97% of past drops on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

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

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

The previous 1H candle had NZDJPY at 32.4%, Bull Bias — when this candle closed, NZDJPY moved down to a lower zone: Bull Bias → Bear Bias.

Where does NZDJPY energy sit within the Bear Bias zone?

At -40.1%, NZDJPY is 19.27 points from the upper boundary of Bear Bias (-20.88%) and 19.85 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Neutral with energy -7.1%; GER40 (European equities) in Bull Bias with energy 38.6%. Against this backdrop, NZDJPY (Bear Bias, -40.1%) 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 66.5%. NZDJPY (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for NZDJPY.

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 NZDJPY on the NZDJPY overview →

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