Fibonacci Calculator USD/JPY
Calculate Fibonacci levels for USD/JPY
Inputs
Calculate price range
150.300 - 148.700
= 1.600
Calculate 38.2% level
150.300 - (1.600 × 0.382)
= 149.689
Calculate 61.8% level
150.300 - (1.600 × 0.618)
= 149.311
For USD/JPY Fibonacci levels: USD/JPY uses 2-decimal pricing (0.01 per pip) since JPY is valued in hundreds per unit. This major pair has typical spreads of 0.7-1.2 pips with high liquidity across all sessions.
Frequently Asked Questions
How do I use Fibonacci levels for USD/JPY trading?
For USD/JPY, 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/JPY entries?
The 38.2% and 61.8% levels often provide strong support/resistance for USD/JPY. As a major pair, USD/JPY may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for USD/JPY targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on USD/JPY to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.