Market Analysis
AUDUSD midweek: Aussie reclaims 0.6987 after Monday dip, 2026-07-13
AUDUSD trades at 0.69875 midweek, up roughly 46 pips from Monday's open, with a thin back-half calendar and the daily PBOC fix in focus.
2 min readAs of Wednesday's close, DOGEUSD trades at 0.0743. That is up from Monday's open of 0.0726, a gain of 17 pips, or roughly 2.3 percent on the week so far. The high has been 0.0752, printed Tuesday, and the low was 0.0708 on Monday. Wednesday itself has been quiet, with price grinding a tight range between 0.0735 and 0.0744.
There is no scheduled catalyst in the bundle for this week, so the move has been flow-driven rather than event-driven. Monday sold off to 0.0708 before buyers stepped in, and Tuesday reversed hard to close at 0.0743. Volume tells the story: Tuesday's session traded on healthy participation, while Wednesday's volume has dropped sharply, which fits a market holding gains rather than pushing for more.
The calendar for the back half of this week is empty. That puts the burden on broader crypto flow and on how DOGEUSD tracks the majors. Watch Bitcoin for direction, since a leg higher there tends to pull the smaller-cap names along. If Bitcoin firms into Thursday and Friday and DOGEUSD keeps closing above 0.0740, the Tuesday high near 0.0752 stays in reach. If the majors roll over, the low end of the week's range gets tested again.
Sentiment as of Wednesday morning reads 73 percent long against 27 percent short. That is a heavily one-sided book. Crowded longs after a two-day bounce can act as fuel if momentum continues, but they also become the supply that gets flushed if price slips back below the range. Read the skew as consensus that already bought the reversal, not as fresh conviction.
0.0743 is the pivot. It is Tuesday's close and Wednesday's close, so buyers and sellers keep meeting there. If DOGEUSD holds above it and clears 0.0752, that Tuesday high becomes the line to watch. If it loses 0.0735 first, the Monday low near 0.0708 is back on the table. You can watch how both edges resolve directly on the LHFX platform.
Byline: LHFX Research
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