Analysis

NZDJPY 89.7965 ↓0.03%: Bulls in the peak-force zone · 4H 12:00 Oct 20, 2026

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Candle close
Price and energy
Open 89.825 · High 89.8875 · Low 89.743 · Close 89.7965 · Range (high − low) 0.1445
NZDJPY closed at 89.7965, down 0.028 (-0.03%) from 89.8245.
Bull–Bear energy behind the price: the market moved from the Bull Extreme zone at 82.6% to Bull Extreme at 74.5%, down 8.1 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price89.749589.755589.824589.7965
Energy91.2%86.5%82.6%74.5%
Price change↓ 0.05%↑ 0.01%↑ 0.08%↓ 0.03%
Energy change↓ 6.4↓ 4.7↓ 3.9↓ 8.1
Volatility trend chart · last 4 sessions
↓ 0.05%↑ 0.01%↑ 0.08%↓ 0.03%↓ 6.4↓ 4.7↓ 3.9↓ 8.1
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.03% — higher than 19% of past drops
0%255075100%
Energy down 8.1 pts — higher than 37% of past drops
Knowledge

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

RESEARCH

Trend of Bull Extreme NZDJPY 4H

Sample: 383 4H candles from 2026-07-22 to 2026-10-20
Number of Bull Extreme occurrences: 15 times

▸When NZDJPY is in Bull Extreme:

  • then NZDJPY moved to higher Market State: 0 times — 0%
  • then NZDJPY moved to lower Market State: 15 times — 100%

▸Current NZDJPY market energy: 74.51%

  • Distance to peak 100%: 25.49%
  • Distance to lower bound of Bull Extreme (at 74.5%): 0.01%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

NZDJPY · H4 · 2026-10-20 01:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
82.6%
Bull Extreme
74.5%
Bull Extreme
72.5%
Bull Critical
Zone
74.5 – 100
Bias
Buyers in control
Explanation

After the 4H candle closes, Market NZDJPY in the peak Bull energy zone.

On the energy side, Market trend energy recorded a -8.1% drop from the previous candle, from 82.6% to 74.5%.

Time in Bull Extreme energy zone: 6 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 -54.1 to 98.9.

Frequently asked questions

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

When the 4H candle closed at 12:00 on 20-10-2026, NZDJPY was at 89.7965, down 0.03% from the previous candle (89.8245). Market Energy was 74.5%, down 8.1 points from 82.6%, 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 89.7965, down 0.03% from the previous 4H candle (89.8245). This drop is larger than 19% of past drops on the 4H timeframe for NZDJPY, across 379 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 8.1 percentage points from the previous candle — from 82.6% to 74.5%. This drop is larger than 37% 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 82.6%, Bull Extreme — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bull Extreme zone?

At 74.5%, NZDJPY is 25.49 points from the upper boundary of Bull Extreme (100%) and 0.01 points from the lower boundary (74.5%) — so energy sits closer to the lower 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 Bias with energy 23%; GER40 (European equities) in Bear Bias with energy -40.8%. Against this backdrop, NZDJPY (Bull Extreme, 74.5%) 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 -2.1%. NZDJPY energy is currently above DXY by 76.6 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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