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 readUS30 opened last week at 50,830 and closed Friday at 51,006, gaining 176 points or 0.35%. The index found support near 50,322 on Thursday before buyers stepped in to push it back above 51,000.
This week brings an empty economic calendar for US30 traders. With no high-impact events scheduled through Friday, price action will likely revolve around the psychological 51,000 level and whether buyers can sustain Friday's close above it.
Without data releases to drive volatility, watch for any shift in risk sentiment from global markets. Correlation with European indices like DAX 30 and overnight moves in Asian markets could provide directional cues.
If US30 holds above 51,000 early in the week, the recent high at 51,125 becomes the immediate test. A clear break above that level opens room toward 51,500. If the index fails to hold 51,000 and sellers return, last week's low at 50,322 marks the first major support zone.
Trader positioning shows 58.4% of LHFX clients are long US30 versus 41.6% short as of Sunday morning. This modest long bias suggests traders expect the index to build on Friday's positive close, though the skew isn't extreme enough to signal overcrowding.
Three levels stand out as the week opens. The 51,125 high from May 25 marks immediate resistance. The 51,000 round number where we closed Friday acts as the pivot. Below that, 50,322 from last Thursday's low provides major support. These are reference levels for context, not entry signals.
Byline: LHFX Research
Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa. Open an LHFX account to trade US30 this week.
