Analysis

NZDJPY 89.8985 ↑<0.01%: Bulls & Bears in a tug-of-war · 1H 00:00 Oct 21, 2026

·
Candle close
Price and energy
Open 89.898 · High 89.947 · Low 89.8285 · Close 89.8985 · Range (high − low) 0.1185
NZDJPY closed at 89.8985, up 0.001 (+0.00%) from 89.8975.
Bull–Bear energy behind the price: the market moved from the Neutral zone at -6.2% to Neutral at 2.9%, up 9.1 points.
Fourth straight up candle, price and energy are moving up together.
Price and energy · last 4 candles
Price89.829589.83489.897589.8985
Energy-19.8%-17.8%-6.2%2.9%
Price change↑ 0.03%↑ 0.01%↑ 0.07%↑ 0.00%
Energy change↑ 12.6↑ 2.0↑ 11.6↑ 9.1
Volatility trend chart · last 4 sessions
↑ 0.03%↑ 0.01%↑ 0.07%↑ 0.00%↑ 12.6↑ 2.0↑ 11.6↑ 9.1
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.00% — higher than 1% of past rises
0%255075100%
Energy up 9.1 pts — higher than 48% of past rises
Knowledge

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

RESEARCH

Trend of Neutral NZDJPY 1H

Sample: 58,692 1H candles from 2017-05-01 to 2026-10-20
Number of Neutral occurrences: 4,882 times

▸When NZDJPY is in Neutral:

  • then NZDJPY moved to higher Market State: 2,567 times — 52.6%
  • then NZDJPY moved to lower Market State: 2,315 times — 47.4%

▸Current NZDJPY market energy: 2.9%

  • Distance to upper bound of Neutral (at 20.88%): 17.98%
  • Distance to lower bound of Neutral (at -20.88%): 23.78%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

NZDJPY · H1 · 2026-10-20 16:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-6.2%
Neutral
2.9%
Neutral
8.9%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

With the 1H candle just closed, NZDJPY currently in Neutral.

Per the 2AiTrading energy measurement system, Market Energy rose +9.1% from the previous session, from -6.2% to 2.9%.

Time in Neutral energy zone: 4 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 -70 to 99.1.

Frequently asked questions

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

When the 1H candle closed at 00:00 on 20-10-2026, NZDJPY was at 89.8985, up <0.01% from the previous candle (89.8975). Market Energy was 2.9%, up 9.1 points from -6.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

NZDJPY closed at 89.8985, up <0.01% from the previous 1H candle (89.8975). This rise is larger than 1% of past rises on the 1H timeframe for NZDJPY, across 48,605 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 9.1 percentage points from the previous candle — from -6.2% to 2.9%. This rise is larger than 48% of past rises on the 1H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. 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 -6.2%, Neutral — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Neutral zone?

At 2.9%, NZDJPY is 17.98 points from the upper boundary of Neutral (20.88%) and 23.78 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 77.7%; GER40 (European equities) in Bull Extreme with energy 84.8%. Against this backdrop, NZDJPY (Neutral, 2.9%) 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 Neutral with Market Energy -17.1%. NZDJPY energy is currently above DXY by 20 points.

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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