Fibonacci Calculator NGAS/USD
Calculate Fibonacci levels for NGAS/USD
Inputs
Calculate price range
1.0050 - 0.9950
= 0.0100
Calculate 38.2% level
1.0050 - (0.0100 × 0.382)
= 1.0012
Calculate 61.8% level
1.0050 - (0.0100 × 0.618)
= 0.9988
For NGAS/USD Fibonacci levels: NGAS/USD uses 3-decimal pricing where one pip equals 0.001. Contract size: 1,000 units. Typical spreads: 4.0-7.0 pips.
Frequently Asked Questions
How do I use Fibonacci levels for NGAS/USD trading?
For NGAS/USD, 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 NGAS/USD entries?
The 38.2% and 61.8% levels often provide strong support/resistance for NGAS/USD. As a commodity pair, NGAS/USD may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for NGAS/USD targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on NGAS/USD to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.