Analysis

NZDJPY 88.7355 ↓0.07%: Bears have the edge · 1H 16:00 Oct 12, 2026

·
Candle close
Price and energy
Open 88.795 · High 88.8125 · Low 88.713 · Close 88.7355 · Range (high − low) 0.0995
NZDJPY closed at 88.7355, down 0.06 (-0.07%) from 88.7955.
Bull–Bear energy behind the price: the market moved from the Neutral zone at 18.4% to Bear Bias at -24.7%, down 43.2 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price88.747588.82788.795588.7355
Energy-43.0%19.8%18.4%-24.7%
Price change↓ 0.00%↑ 0.09%↓ 0.04%↓ 0.07%
Energy change↑ 12.5↑ 62.7↓ 1.3↓ 43.2
Volatility trend chart · last 4 sessions
↓ 0.00%↑ 0.09%↓ 0.04%↓ 0.07%↑ 12.5↑ 62.7↓ 1.3↓ 43.2
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.07% — higher than 52% of past drops
0%255075100%
Energy down 43.2 pts — higher than 90% of past drops
Knowledge

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

RESEARCH

Trend of Bear Bias NZDJPY 1H

Sample: 58,764 1H candles from 2017-05-01 to 2026-10-23
Number of Bear Bias occurrences: 4,446 times

▸When NZDJPY is in Bear Bias:

  • then NZDJPY moved to higher Market State: 2,791 times — 62.8%
  • then NZDJPY moved to lower Market State: 1,655 times — 37.2%

▸Current NZDJPY market energy: -24.74%

  • Distance to upper bound of Bear Bias (at -20.88%): 3.86%
  • Distance to lower bound of Bear Bias (at -60%): 35.26%

"Why does archaeology matter?" — 2AITRADING

NZDJPY · H1 · 2026-10-12 08:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
18.4%
Neutral
-24.7%
Bear Bias
-18.4%
Neutral
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Right as the 1H candle closes, NZDJPY shows trend energy leaning Bear.

The energy side shows Market Energy dropped -43.2% this candle, currently -24.7% (previous candle 18.4%).

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 -81.6 to 97.9.

Frequently asked questions

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

When the 1H candle closed at 16:00 on 12-10-2026, NZDJPY was at 88.7355, down 0.07% from the previous candle (88.7955). Market Energy was -24.7%, down 43.2 points from 18.4%, 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 88.7355, down 0.07% from the previous 1H candle (88.7955). This drop is larger than 52% of past drops on the 1H timeframe for NZDJPY, across 48,453 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 43.2 percentage points from the previous candle — from 18.4% to -24.7%. This drop is larger than 90% 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 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 18.4%, Neutral — when this candle closed, NZDJPY moved down to a lower zone: Neutral → Bear Bias.

Where does NZDJPY energy sit within the Bear Bias zone?

At -24.7%, NZDJPY is 3.86 points from the upper boundary of Bear Bias (-20.88%) and 35.26 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 Bear Extreme with energy -82.2%; GER40 (European equities) in Neutral with energy -16.3%. Against this backdrop, NZDJPY (Bear Bias, -24.7%) has higher energy than SPX500; lower than 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 94.3%. 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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