FX Daily — 2026-08-04

FX daily report for reference date 2026-08-04. Covers 11 instruments with daily price action, momentum (RSI), volatility (ATR), 52-week range position, positioning, and the central-bank decision horizon. Facts only — reporting, not advice.

CROSS-PAIR SNAPSHOT  (as of 2026-08-04, config order)

           close   day %    RSI (pct)   52wk  20d ret (pct)      pos net%OI (band)
EUR/USD  1.15073  -0.32%  57.2 (73rd)  26.1%  +0.57% (60th)    -8.0% (0% of range)
GBP/USD   1.3427  -0.48%  53.8 (62nd)  49.7%  +0.22% (53rd)  +15.4% (60% of range)
USD/JPY  157.529  -0.03%   24.2 (1st)  63.7%  -2.81% (13th)  -23.6% (23% of range)
USD/CHF  0.81037  +0.42%  51.5 (57th)  82.5%  +0.66% (63rd)   -8.6% (54% of range)
AUD/USD  0.69976  -0.69%  51.4 (52nd)  67.6%  +0.61% (58th)  +12.0% (69% of range)
USD/CAD  1.40463  +0.24%  45.6 (36th)  73.6%  -1.14% (28th)  -27.5% (17% of range)
NZD/USD   0.5867  -0.53%  59.9 (78th)  55.5%  +2.90% (82nd)   -28.6% (0% of range)
EUR/GBP  0.85696  +0.15%  53.4 (64th)  25.6%  +0.33% (59th)  +1.1% (100% of range)
EUR/HUF  363.159  -0.10%  62.0 (85th)  28.7%  +2.87% (92nd)
USD/HUF  315.917  +0.34%  55.4 (67th)  33.9%  +2.30% (76th)
GBP/HUF   424.06  -0.19%  58.9 (77th)  35.8%  +2.52% (82nd)
CHANGES (vs prior session)
  USD/JPY  crossed below 200d MA (2nd consecutive close below)
NOTABLE TODAY  (most extreme vs each pair's own history; surprise = how far the reading sits from the pair's own median, 0–100 [0 = at median, 100 = an own-history extreme; = 2×|percentile − 50|] — symmetric, so a deep-oversold reading scores as high as a deep-overbought one — a magnitude, not a trading signal)
  EUR/USD  positioning net%OI -8.0%     (near bottom of own 135w range (band bottoms at -8.0%)) · surprise 100
  EUR/GBP  positioning net%OI +1.1%     (near top of own 135w range (band tops at +1.1%)) · surprise 100
  NZD/USD  positioning net%OI -28.6%    (near bottom of own 135w range (band bottoms at -28.6%)) · surprise 100
  USD/JPY  RSI(14) 24.21                (1st pct, since 1996 (7693 obs)) · surprise  98
market risk (VIX)  (as of 2026-08-04)
  level       16.50
  change      +0.64  (+4.0%)  (prior 2026-08-03)
  1yr range   13.47 … 31.05 (252d)
  1yr pctile  37th pctile (252d lookback)
dollar index (DXY)  (as of 2026-08-04)  (index close is async vs the pairs' UTC snapshot; daily change may not reconcile with the pairs below)
  level       99.890
  change      -0.070  (-0.07%)  (prior 2026-08-03)
  1yr range   96.220 … 101.610 (252d)
  1yr pctile  80th pctile (252d lookback)
  200d MA     99.147   price above by +0.75%
DOLLAR CROWDING  (weekly-return correlation to DXY, 26w; how much of the book is one dollar trade — async daily closes cap the magnitude)
  6 of 11 pairs correlate |≥ 0.60| to DXY this week
  EUR/USD  -0.85
  GBP/USD  -0.78
  NZD/USD  -0.78
  USD/CHF  +0.74
  USD/HUF  +0.70
  USD/JPY  +0.65
  EUR/HUF  +0.51
  AUD/USD  -0.51
  USD/CAD  +0.46
  GBP/HUF  +0.45
  EUR/GBP  -0.02
equity market (S&P 500)  (as of 2026-08-04)
  level       7736.52
  change      +136.02  (+1.79%)  (prior 2026-08-03)
  1yr range   6299.19 … 7736.52 (252d)
  1yr pctile  100th pctile (252d lookback)
  200d MA     7034.22   price above by +9.98%
=== CENTRAL BANK HORIZON (for pairs at historical extremes) ===
  (days remaining from reference date 2026-08-04)
  >> RBNZ  2026-09-02  (29 days)   · cross-link: NZD/USD (positioning net%OI near bottom of own 135w range (band bottoms at -28.6%))
  >> ECB   2026-09-10  (37 days)   · cross-link: EUR/USD (positioning net%OI near bottom of own 135w range (band bottoms at -8.0%)), EUR/GBP (positioning net%OI near top of own 135w range (band tops at +1.1%))
  >> Fed   2026-09-16  (43 days)   · cross-link: EUR/USD (positioning net%OI near bottom of own 135w range (band bottoms at -8.0%)), USD/JPY (RSI(14) 1st pct), NZD/USD (positioning net%OI near bottom of own 135w range (band bottoms at -28.6%))
  >> BoE   2026-09-17  (44 days)   · cross-link: EUR/GBP (positioning net%OI near top of own 135w range (band tops at +1.1%))
  >> BoJ   2026-09-18  (45 days)   · cross-link: USD/JPY (RSI(14) 1st pct)