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, XRPUSD sits at 1.1086. That is up from Monday's open of 1.0831, a gain of roughly 2.4 percent on the week so far. The high this week is 1.1183, printed Tuesday. The low is 1.0504, set during Monday's early flush before buyers stepped in.
The turn came Tuesday. Monday closed weak at 1.0642 after dipping to 1.0504, but Tuesday's session reversed hard, opening at 1.0642 and closing at 1.1092 after tagging 1.1183. There is no scheduled economic release in the bundle tied to this move. The clearest external marker is the PBOC fix, which came in firmer than the Reuters estimate this week, a stronger dollar reference that has not stopped XRP holding its Tuesday gains into Wednesday.
The calendar for the back half of this week is empty in the bundle, so price action carries the weight rather than a headline event. Watch how XRP handles the 1.11 area it stalled at Tuesday. If buyers reclaim 1.1097 and hold it into Thursday and Friday, the Tuesday high at 1.1183 comes back into view. If sellers press it back under 1.0963, Wednesday's low, the mid 1.09s become the battleground into the weekend.
As of Wednesday, LHFX client sentiment shows 69.5 percent long against 30.5 percent short. That is a crowded book on the long side after a 2 percent week-to-date move. A skew this heavy tells you consensus is already positioned for continuation, which leaves the trade vulnerable if 1.0963 gives way and stops start cascading.
The pivot is 1.1097, Wednesday's high and just below Tuesday's 1.1183 peak. Hold above it and the path of least resistance stays upward. Lose 1.0963, Wednesday's low, and the reversal risk grows against a stretched long book. XRP has traded in step with the broader crypto tape this week, so keep an eye on Bitcoin for the lead. If you want the live chart and sentiment feed as these levels resolve, you can open an LHFX account to follow along.
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.
