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 readSOLUSD opened Monday at 85.12 and closed Friday at 81.88, shedding 3.24 or 3.8%. The asset traded as high as 86.38 early in the week before sliding to 79.86 on Thursday.
The US economic calendar dominates with three high-impact releases. Monday brings ISM Manufacturing PMI (forecast 53.3 vs 52.7 prior), Wednesday delivers ADP Employment Change (116K expected), and Friday closes with Non-Farm Payrolls (95K consensus).
Between those pillars, ISM Services PMI lands Wednesday (53.8 forecast) and weekly jobless claims hit Thursday morning. With crypto often trading as a risk asset, any surprise in these growth indicators could amplify SOLUSD volatility.
If ISM Manufacturing beats 53.3 on Monday and confirms expansion momentum, SOLUSD could test the 85.12 area where last week opened. A soft print below 52.0 would likely pressure the asset back toward Thursday's 79.86 low.
Friday's NFP release at 95K consensus looks soft compared to recent history. A surprise above 150K could lift risk appetite and push SOLUSD toward 86.38, last week's high. A sub-50K print would signal labor weakness and potentially drive the pair below 79.86.
LHFX data shows 60% of SOLUSD positions are long and 40% short as of Monday morning. This bullish skew persists despite last week's 3.8% decline, suggesting traders expect a bounce or are averaging into positions.
The Thursday low at 79.86 stands as immediate support. If that fails early in the week, the round 80.00 level becomes the next obvious target. On the upside, last week's open at 85.12 marks resistance where sellers may emerge. These are reference points for context, not trade recommendations. Open an LHFX account to trade SOLUSD this week.
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.
