Fibonacci Calculator EUR/CAD
Calculate Fibonacci levels for EUR/CAD
Inputs
Calculate price range
1.00500 - 0.99500
= 0.01000
Calculate 38.2% level
1.00500 - (0.01000 × 0.382)
= 1.00118
Calculate 61.8% level
1.00500 - (0.01000 × 0.618)
= 0.99882
For EUR/CAD Fibonacci levels: EUR/CAD uses standard 4-decimal pricing where one pip equals 0.0001. This cross pair has typical spreads of 1.8-2.8 pips with good liquidity.
Frequently Asked Questions
How do I use Fibonacci levels for EUR/CAD trading?
For EUR/CAD, identify a significant swing high and low, then apply Fibonacci retracements. Key levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6% of the move.
Which Fibonacci level works best for EUR/CAD entries?
The 38.2% and 61.8% levels often provide strong support/resistance for EUR/CAD. As a minor pair, EUR/CAD may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for EUR/CAD targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on EUR/CAD to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.