Different forex calculators will help you to generate pivot points for any given time period, find out the value of 1 pip in USD for any lot size and any major or cross currency pair, generate basic Fibonacci retracement values for any given trend, find out the risks and rewards associated with your possible position's targets and many more.
Fibonacci calculator takes far not the last place in technical analysis. The basic principle of these levels - to use them as support and resistance, where the quotes can move to commit the important breakthroughs and rebounds. You have to put pending and limit orders near these levels. Thanks to Fibonacci's calculator you can build your Forex trading, and be all the time in the market.
Also we suggest you to pay attention to our calculator of Pivot levels. With its help you can calculate the most significant points and support / resistance levels.
Fibonacci retracement levels are a powerful Forex tool of a technical analysis. The main idea behind these levels is the support and resistance values for a currency pair trend at which the most important breaks or bounces can appear.
It is recommended to set your stop-loss, take-profit as well as stop and limit orders at these levels or around their values.
This Fibonacci calculator will organize your currency trading experience and will allow you to be in the market full-time.