Analysis

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Candle close
Price and energy
USDJPY from 157.397 to 157.585, up 0.12%
Market Energy Bull Bias 34.0% to Bull Bias 46.6%, up 12.7 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.09%0.10%0.04%0.12%
Energy5.437.43.712.7
Volatility trend chart · last 4 sessions
0.09% 0.10% 0.04% 0.12% 5.4 37.4 3.7 12.7
priceenergy up · down
Volatility · vs history since 2019
Price up 0.12% — higher than 59% of past rises
0%255075100%
Energy up 12.7 pts — higher than 56% of past rises
RESEARCH

Trend of Bull Bias USDJPY 4H

Sample: 18,241 4H candles from 2014-12-31 to 2026-09-22
Number of Bull Bias occurrences: 1,586 times

When USDJPY is in Bull Bias:

  • then USDJPY moved to higher Market State: 720 times45.4%
  • then USDJPY moved to lower Market State: 866 times54.6%

Current USDJPY market energy: 46.64%

  • Distance to upper bound of Bull Bias (at 60%): 13.36%
  • Distance to lower bound of Bull Bias (at 20.88%): 25.76%

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

USDJPY · H4 · 2026-09-22 21:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
34.0%
Bull Bias
46.6%
Bull Bias
56.2%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Observing the completed 4H candle, USDJPY reflects the Bull Bias energy state.

Looking at the Market Energy reading, Market Energy reading rose +12.7%, moving from 34% to 46.6% after the 4H candle.

Time in Bull Bias energy zone: 3 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 -5.1 to +97.4.

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 23-09-2026 closed, USDJPY was at 157.585, up 0.12% from the previous candle (157.397). Market Energy was 46.6%, up 12.7 points from 34%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

USDJPY closed at 157.585, up 0.12% from the previous 4H candle (157.397). This rise is larger than 59% of past rises on the 4H timeframe for USDJPY, across 12,031 candles since 2019.

How did USDJPY Market Energy change from the previous candle?

Market Energy rose 12.7 percentage points from the previous candle — from 34% to 46.6%. This rise is larger than 56% of past rises on the 4H timeframe for USDJPY.

Do USDJPY price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. 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 34%, Bull Bias — this candle kept the same state, no zone change.

Where does USDJPY energy sit within the Bull Bias zone?

At 46.6%, USDJPY is 13.36 points from the upper boundary of Bull Bias (60%) and 25.76 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Bear Bias with energy -52.4%; GER40 (European equities) in Neutral with energy -4.5%. Against this backdrop, USDJPY (Bull Bias, 46.6%) 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 Bull Bias with Market Energy 26.3%. USDJPY (Bull Bias) and DXY currently sit on the same Bull 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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