Analysis

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Price and energy
NZDUSD from 0.5832 to 0.58264, down 0.10%
Market Energy Bear Bias -35.8% to Bear Bias -36.2%, down 0.4 pts
Price and energy are in agreement
Volatility · vs history since 2019
Price down 0.10% — higher than 37% of past drops
Energy down 0.4 pts — higher than 2% of past drops
Volatility trend · last 4 candlespriceenergy
0.110.100.080.1021.66.07.70.4-3-2-1nến này
NZDUSD hub
RESEARCH

Trend of Bear Bias NZDUSD 4H

Sample: 18,123 4H candles from 2014-12-31 to 2026-08-28
Number of Bear Bias occurrences: 1,536 times

When NZDUSD is in Bear Bias:

  • then NZDUSD moved to higher Market State: 1,044 times68%
  • then NZDUSD moved to lower Market State: 492 times32%

Current NZDUSD market energy: -36.21%

  • Distance to upper bound of Bear Bias (at -20.88%): 15.33%
  • Distance to lower bound of Bear Bias (at -60%): 23.79%

"History always repeats itself, one way or another" — 2AITRADING

NZDUSD · H4 · 2026-07-22 01:00 UTC
Preview the last 30 candles — price and energy
View live NZDUSD chart →
Market Energy
-35.8%
Bear Bias
-36.2%
Bear Bias
-49.9%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

The system just recorded NZDUSD in the Bear Bias energy zone after the 4H candle closed.

End-of-session update for 4H, Market Energy at -36.2%, down -0.4% from -35.8% in the previous candle.

Time in Bear 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, NZDUSD Market Energy ranged from -43.7 to +44.2.

Knowledge

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

Frequently asked questions

What state was NZDUSD on 4H when this candle closed?

When the 4H candle at 08:00 on 22-07-2026 closed, NZDUSD was in Bear Bias with Market Energy -36.2%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How did NZDUSD Market Energy change from the previous candle?

Market Energy fell 0.4 percentage points from the previous candle — from -35.8% to -36.2%.

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

The previous 4H candle had NZDUSD at -35.8%, Bear Bias — this candle kept the same state, no zone change.

Where does NZDUSD energy sit within the Bear Bias zone?

At -36.2%, NZDUSD is 15.33 points from the upper boundary of Bear Bias (-20.88%) and 23.79 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bull Bias with energy 28.4%; GER40 (European equities) in Bull Extreme with energy 86.4%. Against this backdrop, NZDUSD (Bear Bias, -36.2%) lower 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 61.4%. NZDUSD (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for NZDUSD.

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 NZDUSD on the NZDUSD overview →

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