Analysis

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Candle close
Price and energy
USDJPY from 163.166 to 163.06, down 0.07%
Market Energy Bull Critical 73.7% to Bull Critical 62.1%, down 11.6 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.09%▲ 0.00%▲ 0.03%▼ 0.07%
Energy▲ 5.8▲ 7.6▲ 8.3▼ 11.6
Volatility trend chart · last 4 sessions
▲ 0.09%▲ 0.00%▲ 0.03%▼ 0.07%▲ 5.8▲ 7.6▲ 8.3▼ 11.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.07% — higher than 37% of past drops
0%255075100%
Energy down 11.6 pts — higher than 55% of past drops
RESEARCH

Trend of Bull Critical USDJPY 4H

Sample: 18,315 4H candles from 2014-12-31 to 2026-10-09
Number of Bull Critical occurrences: 1,074 times

▸When USDJPY is in Bull Critical:

  • then USDJPY moved to higher Market State: 393 times — 36.6%
  • then USDJPY moved to lower Market State: 681 times — 63.4%

▸Current USDJPY market energy: 62.11%

  • Distance to upper bound of Bull Critical (at 74.5%): 12.39%
  • Distance to lower bound of Bull Critical (at 60%): 2.11%

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

USDJPY · H4 · 2026-07-22 21:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
73.7%
Bull Critical
62.1%
Bull Critical
55.5%
Bull Bias
Zone
60 – 74.5
Bias
Buyers in control
Explanation

As the 4H candle completes, Result for USDJPY: the Bull Critical zone.

At the 4H session close, A -11.6% change from the previous candle, Market Energy is now 62.1% (previous: 73.7%).

Time in Bull Critical energy zone: 1 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, USDJPY Market Energy ranged from -6.2 to +99.6.

Knowledge

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

Frequently asked questions

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

When the 4H candle at 04:00 on 23-07-2026 closed, USDJPY was at 163.06, down 0.07% from the previous candle (163.166). Market Energy was 62.1%, down 11.6 points from 73.7%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

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

USDJPY closed at 163.06, down 0.07% from the previous 4H candle (163.166). This drop is larger than 37% of past drops on the 4H timeframe for USDJPY, across 11,767 candles since 2019.

How did USDJPY Market Energy change from the previous candle?

Market Energy fell 11.6 percentage points from the previous candle — from 73.7% to 62.1%. This drop is larger than 55% of past drops on the 4H timeframe for USDJPY.

Do USDJPY 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 USDJPY in on the previous 4H candle?

The previous 4H candle had USDJPY at 73.7%, Bull Critical — this candle kept the same state, no zone change.

Where does USDJPY energy sit within the Bull Critical zone?

At 62.1%, USDJPY is 12.39 points from the upper boundary of Bull Critical (74.5%) and 2.11 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.

What does Bull Critical mean?

Bull Critical 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 Critical 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 -20.3%; GER40 (European equities) in Neutral with energy 14.2%. Against this backdrop, USDJPY (Bull Critical, 62.1%) 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 0.3%. USDJPY energy is currently above DXY by 61.8 points.

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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