{"id":17657,"date":"2021-10-28T12:30:00","date_gmt":"2021-10-28T11:30:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=17657"},"modified":"2021-11-04T12:30:20","modified_gmt":"2021-11-04T12:30:20","slug":"usdcad-offers-a-chance-to-short-a-61-8-fib-retrace","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/","title":{"rendered":"USDCAD offers a chance to short a 61.8% fib retrace"},"content":{"rendered":"\n<p>The Bank of Canada gave the Canadian dollar a boost against the greenback, which looks set to resume in the coming sessions. The US dollar remains in an uptrend but recent moves in the longer yields are suggesting that there is not much more upside in the US dollars appreciation.The oil markets are also remaining tight and yesterday&#8217;s move lower on a build in US inventories will most likely reverse in the coming days.<\/p>\n\n\n\n<p>For more trading details, please check the hyperlinks with time stamp indicated from the video:<\/p>\n\n\n\n<p><a href=\"https:\/\/youtu.be\/dO-jm9FnMyY?t=18\">0:18<\/a>  <a href=\"https:\/\/bit.ly\/3zVm8kX\">US DOLLAR INDEX<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/youtu.be\/dO-jm9FnMyY?t=83\">1:23<\/a>  <a href=\"https:\/\/bit.ly\/3w3WBVG\">BRENT<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/youtu.be\/dO-jm9FnMyY?t=171\">2:51<\/a>  <a href=\"http:\/\/bit.ly\/334hUb4\">USD\/CAD<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Canada gave the Canadian dollar a boost against the greenback, which looks set to resume in the coming sessions. The US dollar remains in an uptrend but recent moves in the longer yields are suggesting that there is not much more upside in the US dollars appreciation.The oil markets are also remaining [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"video","meta":[],"categories":[5],"tags":[64,154,155,67,31],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>USDCAD offers a chance to short a 61.8% fib retrace - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USDCAD offers a chance to short a 61.8% fib retrace\" \/>\n<meta property=\"og:description\" content=\"The Bank of Canada gave the Canadian dollar a boost against the greenback, which looks set to resume in the coming sessions. The US dollar remains in an uptrend but recent moves in the longer yields are suggesting that there is not much more upside in the US dollars appreciation.The oil markets are also remaining [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-28T11:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-04T12:30:20+00:00\" \/>\n<meta name=\"author\" content=\"Neville Hornsey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Neville Hornsey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/\"},\"author\":{\"name\":\"Neville Hornsey\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\"},\"headline\":\"USDCAD offers a chance to short a 61.8% fib retrace\",\"datePublished\":\"2021-10-28T11:30:00+00:00\",\"dateModified\":\"2021-11-04T12:30:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/\"},\"wordCount\":106,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"Crude oil\",\"DXY\",\"Technical Analysis\",\"US Dollar\",\"USDCAD\"],\"articleSection\":[\"Forex\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/\",\"url\":\"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/\",\"name\":\"USDCAD offers a chance to short a 61.8% fib retrace - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2021-10-28T11:30:00+00:00\",\"dateModified\":\"2021-11-04T12:30:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/usdcad-offers-a-chance-to-short-a-61-8-fib-retrace\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USDCAD offers a chance to short a 61.8% fib retrace\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\",\"name\":\"Neville Hornsey\",\"description\":\"Neville Hornsey holds a BA Honours 2.1 in Professional Media and has been a professional trader since 2007. 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