Fibonacci Calculator USD/HUF
Calculate Fibonacci levels for USD/HUF
Inputs
Calculate price range
1.005 - 0.995
= 0.010
Calculate 38.2% level
1.005 - (0.010 × 0.382)
= 1.001
Calculate 61.8% level
1.005 - (0.010 × 0.618)
= 0.999
For USD/HUF Fibonacci levels: USD/HUF uses 2-decimal pricing (0.01 per pip) since HUF is valued in hundreds per unit. This exotic pair has wider spreads (30-50 pips) due to lower trading volume.
Frequently Asked Questions
How do I use Fibonacci levels for USD/HUF trading?
For USD/HUF, 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/HUF entries?
The 38.2% and 61.8% levels often provide strong support/resistance for USD/HUF. As a exotic pair, USD/HUF may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for USD/HUF targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on USD/HUF to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.