Fibonacci Calculator EUR/JPY
Calculate Fibonacci levels for EUR/JPY
Inputs
Calculate price range
163.150 - 161.350
= 1.800
Calculate 38.2% level
163.150 - (1.800 × 0.382)
= 162.462
Calculate 61.8% level
163.150 - (1.800 × 0.618)
= 162.038
For EUR/JPY Fibonacci levels: EUR/JPY uses 2-decimal pricing (0.01 per pip) since JPY is valued in hundreds per unit. This cross pair has typical spreads of 1.2-2.2 pips with good liquidity.
Frequently Asked Questions
How do I use Fibonacci levels for EUR/JPY trading?
For EUR/JPY, 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/JPY entries?
The 38.2% and 61.8% levels often provide strong support/resistance for EUR/JPY. As a minor pair, EUR/JPY may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for EUR/JPY targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on EUR/JPY to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.