Analysis

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Price and energy
NZDJPY from 93.6895 to 93.6735, down 0.02%
Market Energy Bull Bias 50.6% to Bull Bias 46.2%, down 4.5 pts
Down candle #2 in a rowPrice and energy are in agreement
Volatility · vs history since 2019
Price down 0.02% — higher than 13% of past drops
0%255075100%
Energy down 4.5 pts — higher than 20% of past drops
Trend & volatility · last 4 candles
0.27% 0.15% 0.00% 0.02% 34.7 2.2 4.7 4.5
priceenergy up · down
RESEARCH

Trend of Bull Bias NZDJPY 4H

Sample: 162 4H candles from 2026-07-22 to 2026-08-28
Number of Bull Bias occurrences: 14 times

When NZDJPY is in Bull Bias:

  • then NZDJPY moved to higher Market State: 6 times42.9%
  • then NZDJPY moved to lower Market State: 8 times57.1%

Current NZDJPY market energy: 46.18%

  • Distance to upper bound of Bull Bias (at 60%): 13.82%
  • Distance to lower bound of Bull Bias (at 20.88%): 25.3%

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

NZDJPY · H4 · 2026-08-11 17:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
50.6%
Bull Bias
46.2%
Bull Bias
37.4%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Measurement result after the 4H candle closes, NZDJPY recorded in the Bull Bias state.

The market energy reading Market Energy at 46.2%, down -4.5% from 50.6% in the previous candle.

Time in Bull Bias energy zone: 4 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 -2.3 to +97.6.

Knowledge

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

Frequently asked questions

What state was NZDJPY on 4H when this candle closed?

When the 4H candle at 00:00 on 12-08-2026 closed, NZDJPY was in Bull Bias with Market Energy 46.2%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 4.5 percentage points from the previous candle — from 50.6% to 46.2%.

What state was NZDJPY in on the previous 4H candle?

The previous 4H candle had NZDJPY at 50.6%, Bull Bias — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bull Bias zone?

At 46.2%, NZDJPY is 13.82 points from the upper boundary of Bull Bias (60%) and 25.3 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 -85%; GER40 (European equities) in Neutral with energy -9%. Against this backdrop, NZDJPY (Bull Bias, 46.2%) 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 Neutral with Market Energy 1.7%. NZDJPY energy is currently above DXY by 44.5 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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