diff --git a/src/commands/Folders.ts b/src/commands/Folders.ts
index f5f8fc7d..5dd69306 100644
--- a/src/commands/Folders.ts
+++ b/src/commands/Folders.ts
@@ -368,6 +368,7 @@ export class Folders {
 
       return {
         ...folder,
+        originalPath: folder.path,
         path: folderPath
       };
     });
diff --git a/src/commands/Preview.ts b/src/commands/Preview.ts
index 4701040d..d0349b76 100644
--- a/src/commands/Preview.ts
+++ b/src/commands/Preview.ts
@@ -1,3 +1,5 @@
+import { processFmPlaceholders } from './../helpers/processFmPlaceholders';
+import { processPathPlaceholders } from './../helpers/processPathPlaceholders';
 import { Telemetry } from './../helpers/Telemetry';
 import {
   SETTING_PREVIEW_HOST,
@@ -5,12 +7,13 @@ import {
   CONTEXT,
   TelemetryEvent,
   PreviewCommands,
-  SETTING_EXPERIMENTAL
+  SETTING_EXPERIMENTAL,
+  SETTING_DATE_FORMAT
 } from './../constants';
 import { ArticleHelper } from './../helpers/ArticleHelper';
 import { join } from 'path';
 import { commands, env, Uri, ViewColumn, window } from 'vscode';
-import { Extension, parseWinPath, Settings } from '../helpers';
+import { Extension, parseWinPath, processKnownPlaceholders, Settings } from '../helpers';
 import { ContentFolder, PreviewSettings } from '../models';
 import { format } from 'date-fns';
 import { DateHelper } from '../helpers/DateHelper';
@@ -63,6 +66,32 @@ export class Preview {
       if (selectedFolder) {
         pathname = selectedFolder.previewPath;
       }
+
+      if (pathname) {
+        // Known placeholders
+        const dateFormat = Settings.get(SETTING_DATE_FORMAT) as string;
+        pathname = processKnownPlaceholders(pathname, article?.data?.title, dateFormat);
+
+        // Custom placeholders
+        pathname = await ArticleHelper.processCustomPlaceholders(
+          pathname,
+          article?.data?.title,
+          filePath
+        );
+
+        // Process the path placeholders - {{pathToken.<integer>}}
+        if (selectedFolder?.originalPath) {
+          const folderPath = processKnownPlaceholders(
+            selectedFolder.originalPath,
+            article?.data?.title,
+            dateFormat
+          );
+          pathname = processPathPlaceholders(pathname, folderPath);
+        }
+
+        // Support front matter placeholders - {{fm.<field>}}
+        pathname = processFmPlaceholders(pathname, article?.data);
+      }
     }
 
     // Check if there is a pathname defined on content type level
diff --git a/src/helpers/index.ts b/src/helpers/index.ts
index 7284ae68..b2fc5964 100644
--- a/src/helpers/index.ts
+++ b/src/helpers/index.ts
@@ -32,3 +32,5 @@ export * from './getTaxonomyField';
 export * from './isValidFile';
 export * from './openFileInEditor';
 export * from './parseWinPath';
+export * from './processFmPlaceholders';
+export * from './processPathPlaceholders';
diff --git a/src/helpers/processFmPlaceholders.ts b/src/helpers/processFmPlaceholders.ts
new file mode 100644
index 00000000..4dda9ee7
--- /dev/null
+++ b/src/helpers/processFmPlaceholders.ts
@@ -0,0 +1,19 @@
+export const processFmPlaceholders = (value: string, fmData: any) => {
+  if (value && value.includes('{{fm.')) {
+    const regex = new RegExp('{{fm.(\\w+)}}', 'g');
+    const matches = value.match(regex);
+
+    if (matches) {
+      for (const match of matches) {
+        const field = match.replace('{{fm.', '').replace('}}', '');
+        const fieldValue = fmData[field];
+
+        if (fieldValue) {
+          value = value.replace(match, fieldValue);
+        }
+      }
+    }
+  }
+
+  return value;
+};
diff --git a/src/helpers/processPathPlaceholders.ts b/src/helpers/processPathPlaceholders.ts
new file mode 100644
index 00000000..4baba7ab
--- /dev/null
+++ b/src/helpers/processPathPlaceholders.ts
@@ -0,0 +1,19 @@
+export const processPathPlaceholders = (value: string, path: string) => {
+  if (value && value.includes('{{pathToken.')) {
+    const regex = new RegExp('{{pathToken.(\\d+)}}', 'g');
+    const matches = value.match(regex);
+
+    if (matches) {
+      for (const match of matches) {
+        const index = parseInt(match.replace('{{pathToken.', '').replace('}}', ''), 10);
+        const pathTokens = path.split('/');
+
+        if (pathTokens.length >= index) {
+          value = value.replace(match, pathTokens[index - 1]);
+        }
+      }
+    }
+  }
+
+  return value;
+};
diff --git a/src/models/ContentFolder.ts b/src/models/ContentFolder.ts
index 7e12eb69..9f65d361 100644
--- a/src/models/ContentFolder.ts
+++ b/src/models/ContentFolder.ts
@@ -6,4 +6,5 @@ export interface ContentFolder {
   previewPath?: string;
   filePrefix?: string;
   contentTypes?: string[];
+  originalPath?: string;
 }