Analysis

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Candle close
Price and energy
NZDJPY from 90.331 to 90.224, down 0.12%
Market Energy Bull Critical 60.6% to Bull Bias 56.2%, down 4.4 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.11%▼ 0.14%▲ 0.56%▼ 0.12%
Energy▼ 16.0▼ 37.9▲ 55.2▼ 4.4
Volatility trend chart · last 4 sessions
▼ 0.11%▼ 0.14%▲ 0.56%▼ 0.12%▼ 16.0▼ 37.9▲ 55.2▼ 4.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.12% — higher than 60% of past drops
0%255075100%
Energy down 4.4 pts — higher than 24% of past drops
RESEARCH

Trend of Bull Bias NZDJPY 4H

Sample: 282 4H candles from 2026-07-22 to 2026-09-25
Number of Bull Bias occurrences: 24 times

▸When NZDJPY is in Bull Bias:

  • then NZDJPY moved to higher Market State: 8 times — 33.3%
  • then NZDJPY moved to lower Market State: 16 times — 66.7%

▸Current NZDJPY market energy: 56.2%

  • Distance to upper bound of Bull Bias (at 60%): 3.8%
  • Distance to lower bound of Bull Bias (at 20.88%): 35.32%

"Why does archaeology matter?" — 2AITRADING

NZDJPY · H4 · 2026-09-22 05:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
60.6%
Bull Critical
56.2%
Bull Bias
36.4%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The energy zone leaning Bull is the result just recorded for NZDJPY after the 4H candle closed.

On the measurement side, Market trend energy recorded a -4.4% drop from the previous candle, from 60.6% to 56.2%.

Time in Bull Bias 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 +5.5 to +96.

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 12:00 on 22-09-2026 closed, NZDJPY was at 90.224, down 0.12% from the previous candle (90.331). Market Energy was 56.2%, down 4.4 points from 60.6%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did NZDJPY price move on this 4H candle, and how large is that historically?

NZDJPY closed at 90.224, down 0.12% from the previous 4H candle (90.331). This drop is larger than 60% of past drops on the 4H timeframe for NZDJPY, across 260 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 4.4 percentage points from the previous candle — from 60.6% to 56.2%. This drop is larger than 24% 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 60.6%, Bull Critical — when this candle closed, NZDJPY moved down to a lower zone: Bull Critical → Bull Bias.

Where does NZDJPY energy sit within the Bull Bias zone?

At 56.2%, NZDJPY is 3.8 points from the upper boundary of Bull Bias (60%) and 35.32 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 Bull Bias with energy 56.8%; GER40 (European equities) in Neutral with energy -16.9%. Against this backdrop, NZDJPY (Bull Bias, 56.2%) has higher energy than GER40; sits in the same state zone as SPX500.

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 Bear Bias with Market Energy -44.5%. NZDJPY (Bull 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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