Market Analysis
ETHUSD weekly recap: swing from 1747 to 1943 fades, 2026-07-13
ETHUSD opened at 1802.99 and closed the week at 1823.36, a gain of just over 1 percent after a sharp mid-week rally faded.
3 min readThe week for GBPJPY opened at 216.69 on Monday and closed at 218.638 on Friday. Price ran from a weekly low of 216.663 to a weekly high of 219.608 before easing back into the close. That is a net gain of roughly 195 pips, close to 0.9 percent from open to close.
The bundle carries no scheduled economic events or headlines for the closing week, so the move reads as flow driven rather than data driven. The bulk of the advance landed on Wednesday, when price gapped from a 217.277 open to a 219.418 close, a single-session range of more than 230 pips. Volume held near 118,300 that day, consistent with the two sessions before it.
After the Wednesday spike, momentum faded. Thursday and Friday both printed lower closes, with Friday's session showing a thin 20,296 volume tally and a tight 218.557 to 218.941 range. That points to buyers stepping back near 219.60 rather than fresh selling pressure.
The bundle lists no scheduled high-impact events for the upcoming week. With no calendar catalysts confirmed, treat price action as technically led until fresh data appears. If order flow returns and price closes back above the 219.61 area, the recent high comes back into view. If sellers press the pair below the mid-week base, the prior consolidation near 217.10 becomes the reference again.
As of 2026-07-17, LHFX client positioning shows 55.2 percent long against 44.8 percent short. That is a modest long skew, not a crowded one. Consensus leans toward continuation, but the margin is narrow enough that a shift in flow could flip the book quickly. A crowded long book into a stalling rally is worth monitoring, since it can add fuel to any downside unwind.
The weekly high at 219.608 is the first ceiling. A daily close above it puts the pair back in the range it could not hold on Wednesday. On the downside, the 218.557 Friday low is the near-term floor. If price rejects the highs and slips under that level, the Tuesday close near 217.28 and the weekly low at 216.663 are the levels back in play. For a comparable sterling read, watch how GBP/USD behaves against the same backdrop. You can track GBPJPY live and set your own levels once you open an LHFX account.
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.
