Analysis

USDJPY 156.938 ↓0.12%: Bulls & Bears in a tug-of-war · 4H 12:00 Oct 26, 2026

·
Candle close
Price and energy
Open 157.124 · High 157.136 · Low 156.653 · Close 156.938 · Range (high − low) 0.483
USDJPY closed at 156.938, down 0.194 (-0.12%) from 157.132.
Bull–Bear energy behind the price: the market moved from the Neutral zone at -7.4% to Neutral at -7.4%, down 0.0 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price156.937156.856157.132156.938
Energy-44.0%-34.2%-7.4%-7.4%
Price change↑ 0.35%↓ 0.05%↑ 0.18%↓ 0.12%
Energy change↑ 25.0↑ 9.8↑ 26.8↓ 0.0
Volatility trend chart · last 4 sessions
↑ 0.35%↓ 0.05%↑ 0.18%↓ 0.12%↑ 25.0↑ 9.8↑ 26.8↓ 0.0
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.12% — higher than 59% of past drops
0%255075100%
Energy down 0.0 pts — higher than 0% of past drops
Knowledge

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

RESEARCH

Trend of Neutral USDJPY 4H

Sample: 18,381 4H candles from 2014-12-31 to 2026-10-26
Number of Neutral occurrences: 1,539 times

▸When USDJPY is in Neutral:

  • then USDJPY moved to higher Market State: 849 times — 55.2%
  • then USDJPY moved to lower Market State: 690 times — 44.8%

▸Current USDJPY market energy: -7.35%

  • Distance to upper bound of Neutral (at 20.88%): 28.23%
  • Distance to lower bound of Neutral (at -20.88%): 13.53%

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

USDJPY · H4 · 2026-10-26 01:00 UTC
Preview the last 30 candles — price and energy
View live USDJPY chart →
Market Energy
-7.4%
Neutral
-7.4%
Neutral
Expected at
16:10
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

After the 4H candle closes, USDJPY classified as the balanced energy zone.

Market energy measurement Compared to the previous candle (-7.4%), Market Energy dropped 0% to -7.4%.

Time in Neutral 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 -94.7 to -2.9.

Frequently asked questions

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

When the 4H candle closed at 12:00 on 26-10-2026, USDJPY was at 156.938, down 0.12% from the previous candle (157.132). Market Energy was -7.4%, down 0.0 points from -7.4%, 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 156.938, down 0.12% from the previous 4H candle (157.132). This drop is larger than 59% of past drops on the 4H timeframe for USDJPY, across 12,170 candles since 2019.

How did USDJPY Market Energy change from the previous candle?

Market Energy was nearly unchanged from the previous candle, holding around -7.4%.

Do USDJPY price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. 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 -7.4%, Neutral — this candle kept the same state, no zone change.

Where does USDJPY energy sit within the Neutral zone?

At -7.4%, USDJPY is 28.23 points from the upper boundary of Neutral (20.88%) and 13.53 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bear Bias with energy -40.6%; GER40 (European equities) in Bull Bias with energy 48.3%. Against this backdrop, USDJPY (Neutral, -7.4%) has higher energy than SPX500; lower than 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 Bear Extreme with Market Energy -85.6%. USDJPY energy is currently above DXY by 78.3 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 →

To jump to a symbol you're interested in, click .