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Using a pips calculator, you can determine how many pips a currency pair typically moves within a day, enabling you to identify suitable profit targets based on historical data. Understanding Leverage Effects Leverage can magnify the effects of your pip calculations, significantly impacting both gains and losses. Accurate pip value calculator covering all relevant instruments and asset classes. Calculate exact pip values for EUR/USD, gold & more. Determine position sizes, stop-loss levels & risk-reward ratios instantly. Trade smarter with our free professional tool. Accurate pip value calculator covering all relevant instruments and asset classes.