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 readHYPEUSD opened Monday at 62.807 and closed Friday at 64.429, a gain of 1.622 points or 2.6%. The asset spent most of the week ranging between 56.289 and 67.406, with Thursday's surge from 61.527 to 67.406 marking the decisive move higher.
Friday's US Non-Farm Payrolls report at 12:30 UTC dominates the calendar. Consensus expects 95K jobs added in May, down from April's 115K. Average hourly earnings are forecast at 0.3% month-on-month, up from 0.2% previously.
Before Friday, two ISM releases shape sentiment. Monday's Manufacturing PMI at 14:00 UTC is expected at 53.3, up from 52.7. Wednesday's Services PMI, also at 14:00 UTC, has a 53.8 forecast versus 53.6 previously. Wednesday also brings ADP employment data at 12:15 UTC with a 116K consensus.
If Friday's payrolls print below 95K and wage growth stays soft, risk assets like HYPEUSD typically catch a bid on rate-cut hopes. A number above 120K with wages exceeding 0.3% would likely pressure cryptos as the Fed stays hawkish. The ISM data provides early-week catalysts: readings above 54.0 suggest economic resilience, while prints near 52.0 could trigger risk-off flows.
Current positioning shows 65.4% of LHFX clients long HYPEUSD versus 34.6% short as of Monday morning. This bullish skew suggests traders are betting on continued upside after last week's 2.6% gain. Heavy long positioning can amplify downside moves if sentiment shifts.
Last week's high at 67.406 stands as immediate resistance. A daily close above there opens the path toward the psychological 70 level. On the downside, Thursday's low at 60.352 marks first support, with the weekly low at 56.289 as the deeper backstop. These are reference levels for context, not trading 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 HYPEUSD this week.
