Analysis

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Price and energy
USDJPY from 159.687 to 159.744, up 0.04%
Market Energy Bull Bias 24.1% to Neutral 18.9%, down 5.2 pts
Energy diverges from price
Price and energy change · last 4 candles
Price0.03%0.09%0.12%0.04%
Energy27.515.915.15.2
Volatility trend chart · last 4 sessions
0.03% 0.09% 0.12% 0.04% 27.5 15.9 15.1 5.2
priceenergy up · down
Volatility · vs history since 2019
Price up 0.04% — higher than 22% of past rises
0%255075100%
Energy down 5.2 pts — higher than 29% of past drops
RESEARCH

Trend of Neutral USDJPY 4H

Sample: 18,201 4H candles from 2014-12-31 to 2026-09-14
Number of Neutral occurrences: 1,518 times

When USDJPY is in Neutral:

  • then USDJPY moved to higher Market State: 837 times55.1%
  • then USDJPY moved to lower Market State: 681 times44.9%

Current USDJPY market energy: 18.92%

  • Distance to upper bound of Neutral (at 20.88%): 1.96%
  • Distance to lower bound of Neutral (at -20.88%): 39.8%

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

USDJPY · H4 · 2026-08-31 17:00 UTC
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Market Energy
24.1%
Bull Bias
18.9%
Neutral
25.0%
Bull Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Once measurement on the 4H timeframe completes, USDJPY within the Neutral energy level.

On trend energy, Compared to the previous candle (24.1%), Market Energy dropped -5.2% to 18.9%.

Time in Neutral 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 +18.9 to +98.1.

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 00:00 on 01-09-2026 closed, USDJPY was at 159.744, up 0.04% from the previous candle (159.687). Market Energy was 18.9%, down 5.2 points from 24.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

USDJPY closed at 159.744, up 0.04% from the previous 4H candle (159.687). This rise is larger than 22% of past rises on the 4H timeframe for USDJPY, across 11,934 candles since 2019.

How did USDJPY Market Energy change from the previous candle?

Market Energy fell 5.2 percentage points from the previous candle — from 24.1% to 18.9%. This drop is larger than 29% of past drops on the 4H timeframe for USDJPY.

Do USDJPY price and energy agree?

No. On this candle price rose but energy fell — the two moved in opposite directions. 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 24.1%, Bull Bias — when this candle closed, USDJPY moved down to a lower zone: Bull Bias → Neutral.

Where does USDJPY energy sit within the Neutral zone?

At 18.9%, USDJPY is 1.96 points from the upper boundary of Neutral (20.88%) and 39.8 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 -14.9%; GER40 (European equities) in Bear Extreme with energy -96.9%. Against this backdrop, USDJPY (Neutral, 18.9%) 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 Extreme with Market Energy -78%. USDJPY energy is currently above DXY by 96.9 points.

Real-time Energy Chart

See the real-time energy chart for USDJPY.

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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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