Analysis

NZDJPY 89.4395 ↓0.02%: Bulls have the edge · 4H 16:00 Oct 26, 2026

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Candle close
Price and energy
Open 89.455 · High 89.553 · Low 89.3505 · Close 89.4395 · Range (high − low) 0.2025
NZDJPY closed at 89.4395, down 0.016 (-0.02%) from 89.4555.
Bull–Bear energy behind the price: the market moved from the Bull Bias zone at 38.5% to Bull Bias at 29.2%, down 9.3 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price89.38989.59589.455589.4395
Energy22.2%50.4%38.5%29.2%
Price change↓ 0.04%↑ 0.23%↓ 0.16%↓ 0.02%
Energy change↑ 14.2↑ 28.3↓ 11.9↓ 9.3
Volatility trend chart · last 4 sessions
↓ 0.04%↑ 0.23%↓ 0.16%↓ 0.02%↑ 14.2↑ 28.3↓ 11.9↓ 9.3
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.02% — higher than 12% of past drops
0%255075100%
Energy down 9.3 pts — higher than 44% of past drops
Knowledge

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

RESEARCH

Trend of Bull Bias NZDJPY 4H

Sample: 404 4H candles from 2026-07-22 to 2026-10-26
Number of Bull Bias occurrences: 34 times

▸When NZDJPY is in Bull Bias:

  • then NZDJPY moved to higher Market State: 14 times — 41.2%
  • then NZDJPY moved to lower Market State: 20 times — 58.8%

▸Current NZDJPY market energy: 29.24%

  • Distance to upper bound of Bull Bias (at 60%): 30.76%
  • Distance to lower bound of Bull Bias (at 20.88%): 8.36%

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

NZDJPY · H4 · 2026-10-26 05:00 UTC
Preview the last 30 candles — price and energy
View live NZDJPY chart →
Market Energy
38.5%
Bull Bias
29.2%
Bull Bias
Expected at
20:10
Zone
20.88 – 60
Bias
Buyers in control
Explanation

As the 4H candle completes, NZDJPY classified as the Bull Bias zone.

Meanwhile, Market Energy at 29.2%, down -9.3% from 38.5% 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 -97.9 to 77.2.

Frequently asked questions

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

When the 4H candle closed at 16:00 on 26-10-2026, NZDJPY was at 89.4395, down 0.02% from the previous candle (89.4555). Market Energy was 29.2%, down 9.3 points from 38.5%, 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 89.4395, down 0.02% from the previous 4H candle (89.4555). This drop is larger than 12% of past drops on the 4H timeframe for NZDJPY, across 404 candles since 2019.

How did NZDJPY Market Energy change from the previous candle?

Market Energy fell 9.3 percentage points from the previous candle — from 38.5% to 29.2%. This drop is larger than 44% of past drops on the 4H timeframe for NZDJPY.

Do NZDJPY price and energy agree?

Yes. Both price and energy moved down on this candle. 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 38.5%, Bull Bias — this candle kept the same state, no zone change.

Where does NZDJPY energy sit within the Bull Bias zone?

At 29.2%, NZDJPY is 30.76 points from the upper boundary of Bull Bias (60%) and 8.36 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Neutral with energy 14%; GER40 (European equities) in Bull Bias with energy 43.9%. Against this backdrop, NZDJPY (Bull Bias, 29.2%) has higher energy than SPX500; sits in the same state zone as 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 -14.7%. NZDJPY energy is currently above DXY by 43.9 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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