Analysis

USDJPY 156.7435 ↑0.23%: Bears have the edge · 1H 21:00 Oct 23, 2026

·
Candle close
Price and energy
Open 156.388 · High 156.7435 · Low 156.366 · Close 156.7435 · Range (high − low) 0.3775
USDJPY closed at 156.7435, up 0.3545 (+0.23%) from 156.389.
Bull–Bear energy behind the price: the market moved from the Bear Critical zone at -73.2% to Bear Bias at -50.4%, up 22.8 points.
Price and energy are moving up together.
Price and energy · last 4 candles
Price156.79156.877156.389156.744
Energy-48.3%-15.1%-73.2%-50.4%
Price change↑ 0.10%↑ 0.06%↓ 0.31%↑ 0.23%
Energy change↑ 17.9↑ 33.2↓ 58.1↑ 22.8
Volatility trend chart · last 4 sessions
↑ 0.10%↑ 0.06%↓ 0.31%↑ 0.23%↑ 17.9↑ 33.2↓ 58.1↑ 22.8
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.23% — higher than 96% of past rises
0%255075100%
Energy up 22.8 pts — higher than 79% of past rises
Knowledge

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

RESEARCH

Trend of Bear Bias USDJPY 1H

Sample: 73,527 1H candles from 2015-01-01 to 2026-10-23
Number of Bear Bias occurrences: 5,134 times

▸When USDJPY is in Bear Bias:

  • then USDJPY moved to higher Market State: 3,278 times — 63.8%
  • then USDJPY moved to lower Market State: 1,856 times — 36.2%

▸Current USDJPY market energy: -50.44%

  • Distance to upper bound of Bear Bias (at -20.88%): 29.56%
  • Distance to lower bound of Bear Bias (at -60%): 9.56%

"A person's history reveals more than you might think" — 2AITRADING

USDJPY · H1 · 2026-10-23 13:00 UTC
Preview the last 30 candles — price and energy
View live USDJPY chart →
Market Energy
-73.2%
Bear Critical
-50.4%
Bear Bias
-14.4%
Neutral
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Following the completion of the 1H candle, USDJPY classified as the Market Energy zone leaning Bear.

On the 2AiTrading energy system, Market Energy moved from -73.2% to -50.4%, up +22.8% from the previous candle.

Time in Bear Bias energy zone: 1 1H 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, USDJPY Market Energy ranged from -99.7 to 95.

Frequently asked questions

What did USDJPY price and energy show when this 1H candle closed?

When the 1H candle closed at 21:00 on 23-10-2026, USDJPY was at 156.7435, up 0.23% from the previous candle (156.389). Market Energy was -50.4%, up 22.8 points from -73.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did USDJPY price move on this 1H candle, and how large is that historically?

USDJPY closed at 156.7435, up 0.23% from the previous 1H candle (156.389). This rise is larger than 96% of past rises on the 1H timeframe for USDJPY, across 48,686 candles since 2019.

How did USDJPY Market Energy change from the previous candle?

Market Energy rose 22.8 percentage points from the previous candle — from -73.2% to -50.4%. This rise is larger than 79% of past rises on the 1H timeframe for USDJPY.

Do USDJPY 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 USDJPY in on the previous 1H candle?

The previous 1H candle had USDJPY at -73.2%, Bear Critical — when this candle closed, USDJPY moved up to a higher zone: Bear Critical → Bear Bias.

Where does USDJPY energy sit within the Bear Bias zone?

At -50.4%, USDJPY is 29.56 points from the upper boundary of Bear Bias (-20.88%) and 9.56 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bear Bias with energy -59.3%; GER40 (European equities) in Bear Extreme with energy -74.8%. Against this backdrop, USDJPY (Bear Bias, -50.4%) 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 -22.1%. USDJPY (Bear Bias) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for USDJPY.

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 USDJPY on the USDJPY overview →

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