Analysis

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Candle close
Price and energy
USDJPY from 157.868 to 157.887, up 0.01%
Market Energy Bull Extreme 81.9% to Bull Extreme 85.4%, up 3.5 pts
Up candle #4 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.12%0.01%0.17%0.01%
Energy12.79.625.73.5
Volatility trend chart · last 4 sessions
0.12% 0.01% 0.17% 0.01% 12.7 9.6 25.7 3.5
priceenergy up · down
Volatility · vs history since 2019
Price up 0.01% — higher than 8% of past rises
0%255075100%
Energy up 3.5 pts — higher than 19% of past rises
RESEARCH

Trend of Bull Extreme USDJPY 4H

Sample: 18,241 4H candles from 2014-12-31 to 2026-09-22
Number of Bull Extreme occurrences: 820 times

When USDJPY is in Bull Extreme:

  • then USDJPY moved to higher Market State: 0 times0%
  • then USDJPY moved to lower Market State: 820 times100%

Current USDJPY market energy: 85.35%

  • Distance to peak 100%: 14.65%
  • Distance to lower bound of Bull Extreme (at 74.5%): 10.85%

"Why does archaeology matter?" — 2AITRADING

USDJPY · H4 · 2026-09-23 09:00 UTC
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Market Energy
81.9%
Bull Extreme
85.4%
Bull Extreme
93.2%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Bull energy at Extreme determined for USDJPY through the 4H candle data.

The energy side shows Market Energy at 85.4%, up +3.5% from 81.9% in the previous candle.

Time in Bull Extreme energy zone: 2 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 16:00 on 23-09-2026 closed, USDJPY was at 157.887, up 0.01% from the previous candle (157.868). Market Energy was 85.4%, up 3.5 points from 81.9%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

USDJPY closed at 157.887, up 0.01% from the previous 4H candle (157.868). This rise is larger than 8% of past rises on the 4H timeframe for USDJPY, across 12,034 candles since 2019.

How did USDJPY Market Energy change from the previous candle?

Market Energy rose 3.5 percentage points from the previous candle — from 81.9% to 85.4%. This rise is larger than 19% 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 the candle that just closed; it does not say where price goes next.

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

The previous 4H candle had USDJPY at 81.9%, Bull Extreme — this candle kept the same state, no zone change.

Where does USDJPY energy sit within the Bull Extreme zone?

At 85.4%, USDJPY is 14.65 points from the upper boundary of Bull Extreme (100%) and 10.85 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bull Extreme mean?

Bull Extreme 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 Extreme 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 -33%; GER40 (European equities) in Bear Extreme with energy -99.3%. Against this backdrop, USDJPY (Bull Extreme, 85.4%) 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 Extreme with Market Energy 85.8%. USDJPY (Bull Extreme) 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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