Analysis

NZDJPY 89.594 ↑0.39%: Bulls in the peak-force zone · 4H 16:00 Oct 16, 2026

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Candle close
Price and energy
Open 89.242 · High 89.5995 · Low 89.157 · Close 89.594 · Range (high − low) 0.4425
NZDJPY closed at 89.594, up 0.3515 (+0.39%) from 89.2425.
Bull–Bear energy behind the price: the market moved from the Bull Extreme zone at 87.7% to Bull Extreme at 98.9%, up 11.2 points.
Fourth straight up candle, price and energy are moving up together.
Price and energy · last 4 candles
Price88.792588.957589.242589.594
Energy17.9%48.4%87.7%98.9%
Price change↑ 0.13%↑ 0.19%↑ 0.32%↑ 0.39%
Energy change↑ 38.0↑ 30.4↑ 39.3↑ 11.2
Volatility trend chart · last 4 sessions
↑ 0.13%↑ 0.19%↑ 0.32%↑ 0.39%↑ 38.0↑ 30.4↑ 39.3↑ 11.2
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.39% — higher than 96% of past rises
0%255075100%
Energy up 11.2 pts — higher than 50% of past rises
Knowledge

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

RESEARCH

Trend of Bull Extreme NZDJPY 4H

Sample: 396 4H candles from 2026-07-22 to 2026-10-22
Number of Bull Extreme occurrences: 16 times

▸When NZDJPY is in Bull Extreme:

  • then NZDJPY moved to higher Market State: 0 times — 0%
  • then NZDJPY moved to lower Market State: 16 times — 100%

▸Current NZDJPY market energy: 98.89%

  • Distance to peak 100%: 1.11%
  • Distance to lower bound of Bull Extreme (at 74.5%): 24.39%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

NZDJPY · H4 · 2026-10-16 05:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
87.7%
Bull Extreme
98.9%
Bull Extreme
89.2%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Right as the 4H candle closes, NZDJPY shows the Bull Extreme energy zone.

The market energy reading Market Energy rose +11.2% from the previous candle, from 87.7% to 98.9%.

Time in Bull Extreme 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 -83.7 to 98.9.

Frequently asked questions

What did NZDJPY price and energy show when this 4H candle closed?

When the 4H candle closed at 16:00 on 16-10-2026, NZDJPY was at 89.594, up 0.39% from the previous candle (89.2425). Market Energy was 98.9%, up 11.2 points from 87.7%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

NZDJPY closed at 89.594, up 0.39% from the previous 4H candle (89.2425). This rise is larger than 96% of past rises on the 4H timeframe for NZDJPY, across 368 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy rose 11.2 percentage points from the previous candle — from 87.7% to 98.9%. This rise is larger than 50% of past rises on the 4H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. 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 87.7%, Bull Extreme — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bull Extreme zone?

At 98.9%, NZDJPY is 1.11 points from the upper boundary of Bull Extreme (100%) and 24.39 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bull Extreme mean?

Bull Extreme 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 Extreme 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 79%; GER40 (European equities) in Bull Bias with energy 30.1%. Against this backdrop, NZDJPY (Bull Extreme, 98.9%) 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 Critical with Market Energy -71%. NZDJPY (Bull Extreme) 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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