Fibonacci Calculator USD/HKD
Calculate Fibonacci levels for USD/HKD
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 USD/HKD Fibonacci levels: USD/HKD uses standard 4-decimal pricing where one pip equals 0.0001. This exotic pair has wider spreads (2.5-4.0 pips) due to lower trading volume.
Frequently Asked Questions
How do I use Fibonacci levels for USD/HKD trading?
For USD/HKD, 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/HKD entries?
The 38.2% and 61.8% levels often provide strong support/resistance for USD/HKD. As a exotic pair, USD/HKD may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for USD/HKD targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on USD/HKD to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.