Analysis

·

Candle close
Price and energy
NZDJPY from 92.402 to 92.4495, up 0.05%
Market Energy Bear Bias -21.7% to Neutral -7.9%, up 13.8 pts
Up candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.03%▲ 0.26%▲ 0.14%▲ 0.05%
Energy▲ 6.9▲ 21.0▲ 20.3▲ 13.8
Volatility trend chart · last 4 sessions
▼ 0.03%▲ 0.26%▲ 0.14%▲ 0.05%▲ 6.9▲ 21.0▲ 20.3▲ 13.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.05% — higher than 30% of past rises
0%255075100%
Energy up 13.8 pts — higher than 60% of past rises
RESEARCH

Trend of Neutral NZDJPY 4H

Sample: 333 4H candles from 2026-07-22 to 2026-10-08
Number of Neutral occurrences: 34 times

▸When NZDJPY is in Neutral:

  • then NZDJPY moved to higher Market State: 19 times — 55.9%
  • then NZDJPY moved to lower Market State: 15 times — 44.1%

▸Current NZDJPY market energy: -7.92%

  • Distance to upper bound of Neutral (at 20.88%): 28.8%
  • Distance to lower bound of Neutral (at -20.88%): 12.96%

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

NZDJPY · H4 · 2026-08-04 01:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
-21.7%
Bear Bias
-7.9%
Neutral
25.3%
Bull Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

With the 4H candle just closed, Market Energy of NZDJPY indicates the balanced energy state.

Meanwhile, The energy level rose +13.8%: from -21.7% now at -7.9%.

Time in Neutral energy zone: 1 4H 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 -82.1 to +77.3.

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 4H candle closed?

When the 4H candle at 08:00 on 04-08-2026 closed, NZDJPY was at 92.4495, up 0.05% from the previous candle (92.402). Market Energy was -7.9%, up 13.8 points from -21.7%, 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 4H candle, and how large is that historically?

NZDJPY closed at 92.4495, up 0.05% from the previous 4H candle (92.402). This rise is larger than 30% of past rises on the 4H timeframe for NZDJPY, across 49 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 13.8 percentage points from the previous candle — from -21.7% to -7.9%. This rise is larger than 60% of past rises on the 4H 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 4H candle?

The previous 4H candle had NZDJPY at -21.7%, Bear Bias — when this candle closed, NZDJPY moved up to a higher zone: Bear Bias → Neutral.

Where does NZDJPY energy sit within the Neutral zone?

At -7.9%, NZDJPY is 28.8 points from the upper boundary of Neutral (20.88%) and 12.96 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 86%; GER40 (European equities) in Bull Bias with energy 44.5%. Against this backdrop, NZDJPY (Neutral, -7.9%) 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 Bull Bias with Market Energy 54%. NZDJPY energy is currently below DXY by 62 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 →

To jump to a symbol you're interested in, click .