Fibonacci Calculator

Instant Fibonacci Calculator for Support and Resistance

  • Economic Calendar
    HOT
  • Forex Pip Calculator
  • Forex Profit Calculator
  • Investment Compound Calculator
  • Forex Lot Calculator
  • Forex Margin Calculator
  • Forex Drawdown Calculator
  • Risk of Ruin Calculator
  • Pivot Point Calculator
  • Fibonacci Calculator
  • Cryptocurrency Converter
  • Cryptocurrency Fee Calculator

User Instructions

Input Options

Trend directionSelect "Up" or "Down" to simulate an upward trend or a downward trend.

Retracement / ProjectionSelect "Retracement" to calculate the price pullback points in the trend, or select "Extension" to calculate the target points after a breakout.

Low priceIn an uptrend, this is the lowest point of price retracement. In a downtrend, this is the lowest point reached by the price.

High priceIn an uptrend, this is the highest point reached by the price. In a downtrend, this is the highest point of the price rebound.

* End price (Projection)Enter the expected price target. This number is usually the next high or low that you predict the price will reach, determined by the current market trend.

Operation Steps

Select the trend direction. For example, to calculate the Fibonacci retracement levels for EUR/USD, choose the "upward" trend direction.

Select the "Retracement" radio button to indicate the calculator to compute the retracement levels.

Enter the low price and high price. For example, the low price is 1.16653, and the high price is 1.20552.

Calculation Result

Fibonacci Calculator will calculate and display the Drawdown levels for the currency pair. These levels are created by taking the two extreme points of the Instrument price behavior (the lowest or highest volatility, or simply Point A and Point B) and dividing the vertical distance by the key Fibonacci ratios 23.6%, 38.2%, 50%, and 61.8%.

For example, in an upward trend, the lowest fluctuation of EUR/USD (Point A) is 1.16653, and the price trend rises to the highest point of 1.20552 (Point B). After entering this data, the calculator will display the Fibonacci retracement levels for each retracement level.

By default, the calculator will display the retracement levels. For the forecast (extension) levels, traders should fill in the "expected price" field, and the calculator will display multiple possible forecast levels (up to 161.8%).

What are Fibonacci levels?

Fibonacci levels are a common method for analyzing commodity price behavior in financial markets. They are not a mysterious ratio or price pattern, but rather a popular analytical tool whose effectiveness depends on the degree of self-fulfillment.

Fibonacci levels mainly have two types: retracement and extension. Retracement levels are used after the price reaches a new high (uptrend) or a new low (downtrend), and when traders believe the trend may temporarily end. The so-called Fibonacci retracement levels appear when the market begins to adjust or consolidate.

The main Fibonacci retracement levels include 0.236, 0.382, 0.500, 0.618, and 0.764.

On the other hand, Fibonacci extension levels are used to predict the extent to which prices may exceed their original range and continue moving in the direction of the trend. Market prices may retrace to a Fibonacci retracement level and then continue moving in the direction of the underlying trend, creating new highs or lows. Alternatively, after a consolidation period, it may continue to move in the direction of the main trend without touching any Fibonacci retracement levels.

The main Fibonacci extension levels include 0.382, 0.618, 1.000, 1.382, and 1.618.

Just like the golden ratio does not have magical or universal rules, the Fibonacci ratios do not either. They are simply interesting ratios discovered by mathematicians and later adopted by traders.

Since Fibonacci ratios are widely used in global markets, including by some professional traders, many people will buy and/or sell at these levels, making Fibonacci levels potentially very effective.

  • Economic Calendar
    HOT
  • Forex Pip Calculator
  • Forex Profit Calculator
  • Investment Compound Calculator
  • Forex Lot Calculator
  • Forex Margin Calculator
  • Forex Drawdown Calculator
  • Risk of Ruin Calculator
  • Pivot Point Calculator
  • Fibonacci Calculator
  • Cryptocurrency Converter
  • Cryptocurrency Fee Calculator