Analysis

·

Candle close
Price and energy
NZDJPY from 88.913 to 88.8325, down 0.09%
Market Energy Bear Bias -37.7% to Bear Bias -40.8%, down 3.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.08%▲ 0.01%▲ 0.04%▼ 0.09%
Energy▼ 25.6▼ 0.9▲ 16.4▼ 3.1
Volatility trend chart · last 4 sessions
▼ 0.08%▲ 0.01%▲ 0.04%▼ 0.09%▼ 25.6▼ 0.9▲ 16.4▼ 3.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.09% — higher than 64% of past drops
0%255075100%
Energy down 3.1 pts — higher than 21% of past drops
RESEARCH

Trend of Bear Bias NZDJPY 1H

Sample: 58,314 1H candles from 2017-05-01 to 2026-09-29
Number of Bear Bias occurrences: 4,409 times

▸When NZDJPY is in Bear Bias:

  • then NZDJPY moved to higher Market State: 2,769 times — 62.8%
  • then NZDJPY moved to lower Market State: 1,640 times — 37.2%

▸Current NZDJPY market energy: -40.82%

  • Distance to upper bound of Bear Bias (at -20.88%): 19.94%
  • Distance to lower bound of Bear Bias (at -60%): 19.18%

"Why does archaeology matter?" — 2AITRADING

NZDJPY · H1 · 2026-09-29 14:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-37.7%
Bear Bias
-40.8%
Bear Bias
Expected at
23:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

From the just-closed 1H candle data, NZDJPY within the energy state leaning Bear.

On the 2AiTrading energy system, Compared to the previous candle (-37.7%), Market Energy dropped -3.1% to -40.8%.

Time in Bear Bias energy zone: 11 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 -99.9 to +98.8.

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 21:00 on 29-09-2026 closed, NZDJPY was at 88.8325, down 0.09% from the previous candle (88.913). Market Energy was -40.8%, down 3.1 points from -37.7%, 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 88.8325, down 0.09% from the previous 1H candle (88.913). This drop is larger than 64% of past drops on the 1H timeframe for NZDJPY, across 48,243 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 3.1 percentage points from the previous candle — from -37.7% to -40.8%. This drop is larger than 21% of past drops on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

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

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

The previous 1H candle had NZDJPY at -37.7%, Bear Bias — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bear Bias zone?

At -40.8%, NZDJPY is 19.94 points from the upper boundary of Bear Bias (-20.88%) and 19.18 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 Critical with energy -64.1%; GER40 (European equities) in Bear Critical with energy -66.4%. Against this backdrop, NZDJPY (Bear Bias, -40.8%) 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 Bull Extreme with Market Energy 81.5%. 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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