The cryptocurrency market suffered a brutal selloff over the weekend, as Bitcoin and Ether prices plunged amid cascading liquidations and macro pressures.

The EUR/USD pair is under modest selling pressure on Tuesday, trading below the 1.1800 threshold and near its weekly low of 1.1776.

AUD/USD Forex Signal: Hawkish Rate Hike Sends Price to $0.7050 Today’s unanimous rate hike and improving risk sentiment sends the Aussie higher.

The AUD/USD pair builds on the previous day’s bounce from the vicinity of the 0.6900 mark and gains strong positive traction on Tuesday in reaction to the Reserve Bank of Australia’s (RBA) hawkish interest rate hike.

EUR/USD gains traction and trades in positive territory above 1.1800 on Tuesday after posting losses for two consecutive trading days. The pair’s technical outlook highlights an easing of bearish pressure.

Gold is reversing a part of the 15% correction from record highs of $5,598 early Tuesday, drawing support from uncertain-led by the US partial government shutdown and a broad US Dollar retreat.