Fibonacci Calculator USD/CAD
Calculate Fibonacci levels for USD/CAD
Inputs
Calculate price range
1.36000 - 1.35000
= 0.01000
Calculate 38.2% level
1.36000 - (0.01000 × 0.382)
= 1.35618
Calculate 61.8% level
1.36000 - (0.01000 × 0.618)
= 1.35382
For USD/CAD Fibonacci levels: USD/CAD uses standard 4-decimal pricing where one pip equals 0.0001. This major pair has typical spreads of 1.2-1.8 pips with high liquidity across all sessions.
Frequently Asked Questions
How do I use Fibonacci levels for USD/CAD trading?
For USD/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 USD/CAD entries?
The 38.2% and 61.8% levels often provide strong support/resistance for USD/CAD. As a major pair, USD/CAD may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for USD/CAD targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on USD/CAD to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.