Analysis

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Price and energy
NZDJPY from 89.5935 to 89.56, down 0.04%
Market Energy Bear Bias -50.0% to Bear Bias -52.4%, down 2.4 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.09%0.06%0.25%0.04%
Energy4.92.932.02.4
Volatility trend chart · last 4 sessions
0.09% 0.06% 0.25% 0.04% 4.9 2.9 32.0 2.4
priceenergy up · down
Volatility · vs history since 2019
Price down 0.04% — higher than 25% of past drops
0%255075100%
Energy down 2.4 pts — higher than 13% of past drops
RESEARCH

Trend of Bear Bias NZDJPY 4H

Sample: 213 4H candles from 2026-07-22 to 2026-09-10
Number of Bear Bias occurrences: 19 times

When NZDJPY is in Bear Bias:

  • then NZDJPY moved to higher Market State: 12 times63.2%
  • then NZDJPY moved to lower Market State: 7 times36.8%

Current NZDJPY market energy: -52.4%

  • Distance to upper bound of Bear Bias (at -20.88%): 31.52%
  • Distance to lower bound of Bear Bias (at -60%): 7.6%

"A person's history reveals more than you might think" — 2AITRADING

NZDJPY · H4 · 2026-09-10 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-50.0%
Bear Bias
-52.4%
Bear Bias
Expected at
04:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

As the 4H candle closes, NZDJPY classified as the Bear Bias level.

Per the 2AiTrading energy measurement system, Market Energy dropped -2.4% this candle, currently -52.4% (previous candle -50%).

Time in Bear Bias energy zone: 2 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 -94.3 to -18.

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 20:00 on 10-09-2026 closed, NZDJPY was at 89.56, down 0.04% from the previous candle (89.5935). Market Energy was -52.4%, down 2.4 points from -50%, 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 4H candle, and how large is that historically?

NZDJPY closed at 89.56, down 0.04% from the previous 4H candle (89.5935). This drop is larger than 25% of past drops on the 4H timeframe for NZDJPY, across 214 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 2.4 percentage points from the previous candle — from -50% to -52.4%. This drop is larger than 13% of past drops on the 4H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

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

The previous 4H candle had NZDJPY at -50%, Bear Bias — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bear Bias zone?

At -52.4%, NZDJPY is 31.52 points from the upper boundary of Bear Bias (-20.88%) and 7.6 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 Extreme with energy -99.8%; GER40 (European equities) in Bear Extreme with energy -97.3%. Against this backdrop, NZDJPY (Bear Bias, -52.4%) 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 Critical with Market Energy 63.5%. 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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