Analysis

Fibonacci retracement calculator

Calculate Fibonacci retracement and extension levels for an up- or down-swing.

Swing direction

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    Loading ECB reference rates…. Rates are daily reference rates, not live dealing prices.

    How Fibonacci retracements work

    After a strong move, prices often pull back part of the way before continuing. Fibonacci retracement levels divide the move at ratios derived from the Fibonacci sequence: 23.6%, 38.2%, 50% (not a Fibonacci ratio, but widely used), 61.8% and 78.6%. In an up-swing the retracement is measured down from the high: level = high − (high − low) × ratio.

    Extensions (127.2%, 161.8%, 261.8%) project how far a move might travel beyond its previous extreme, and are often used for profit targets.

    Choosing the swing

    The levels are only as good as the swing you choose. Use clear turning points on the timeframe you trade, not the most convenient candle. Different traders pick different points, which is one reason these levels act as zones rather than exact prices.

    Treat Fibonacci levels as a planning tool alongside supply and demand zones and pivot points, never as a signal on their own.

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    Calculators are for education and planning. Results are estimates; your broker's contract specifications, prices and exchange rates decide the real figures.