Pivot Points Calculator USD/HUF
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Inputs
Calculate pivot point
(1.005 + 0.995 + 1.000) ÷ 3
= 1.000
Calculate R1 (Resistance 1)
(2 × 1.000) - 0.995
= 1.005
Calculate S1 (Support 1)
(2 × 1.000) - 1.005
= 0.995
For USD/HUF pivot points: 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 calculate daily pivot points for USD/HUF?
Pivot points for USD/HUF are calculated using the previous day high, low, and close: Pivot = (H + L + C) / 3. Support and resistance levels are derived from this.
Which pivot point method is best for USD/HUF?
Standard pivots work well for most USD/HUF trading. Fibonacci pivots add Fib ratios, while Camarilla pivots are tighter for scalping USD/HUF.
How reliable are pivot points for USD/HUF?
Pivot points are self-fulfilling on USD/HUF because many traders watch them. As a exotic pair with good liquidity, USD/HUF often reacts to these levels.