# EUR/USD: Long-Term Reversal Signals (April 15, 2013) Source: https://www.tradersway.com/resources/market-info/eur-usd-long-term-reversal-signals-april-15-2013/ Language: en Updated: 2013-04-15 Description: Explore EUR/USD: Long-Term Reversal Signals (April 15, 2013). EUR/U. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. EUR/USD has been having a difficult time breaking past the 1.3100 major psychological resistance level. After all, this area has served as support and resistance in the past as plenty of buyers and sellers are keeping a close watch on this level. On its daily time frame, EUR/USD looks ready to form a head and shoulders pattern with the right shoulder forming around the 1.3100 mark. That’s in line with the 38.2% Fibonacci retracement level. Take note that stochastic is in the overbought region on the same time frame as well. The pattern is roughly 700 pips in height, which suggests that the potential breakdown could be the same. However, one might want to trade the actual formation of the right shoulder to catch the potential reversal early. ![EUR/USD: Long-Term Reversal Signals (April 15, 2013)] On shorter-term time frames, EUR/USD has been consolidating in between 1.3050 and 1.3100 so it might be more prudent to wait for a breakdown below the support level to ensure that enough downward momentum is taking place. Note that Cyprus is still undergoing some challenges with its bailout situation as a recent debt sustainability report revealed that they’d need to look for an additional 6 billion EUR to weather the effects of the fiscal tightening measures on their economic growth. Some say that a second bailout might be in the works, which could be very negative for the euro. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/eur-usd-long-term-reversal-signals-april-15-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/eur-usd-long-term-reversal-signals-april-15-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/eur-usd-long-term-reversal-signals-april-15-2013/", "headline": "EUR/USD: Long-Term Reversal Signals (April 15, 2013)", "inLanguage": "en", "datePublished": "2013-04-15T10:06:00+00:00", "dateModified": "2013-04-15T10:06:00+00:00", "articleSection": "Market Info", "description": "Explore EUR/USD: Long-Term Reversal Signals (April 15, 2013). EUR/U. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding.", "image": { "@type": "ImageObject", "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/og-default.png" }, "author": { "@type": "Organization", "@id": "https://www.tradersway.com/#organization" }, "publisher": { "@id": "https://www.tradersway.com/#organization" } }, { "@type": [ "Organization", "FinancialService" ], "@id": "https://www.tradersway.com/#organization", "name": "Trader's Way", "alternateName": "TradersWay", "legalName": "TW Corp LLC", "description": "Trader's Way is the trading brand of TW Corp LLC, a company registered in Anguilla under number A000001731. It provides online leveraged trading in forex, metals, energies, stock indices and cryptocurrencies through MetaTrader 4, MetaTrader 5 and cTrader, with Market execution, a 40% stop out level and a minimum initial deposit of 10 USD. The company holds no financial services licence and does not direct its services to residents of the United States or the United Kingdom.", "url": "https://www.tradersway.com", "foundingDate": "2011", "logo": { "@type": "ImageObject", "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/logo-square-512.png" }, "address": { "@type": "PostalAddress", "streetAddress": "No. 9 Cassius Webster Building, Grace Complex", "postOfficeBoxNumber": "1330", "addressLocality": "The Valley", "postalCode": "AI-2640", "addressCountry": "AI" }, "contactPoint": { "@type": "ContactPoint", "contactType": "customer support", "email": "support@tradersway.com" }, "areaServed": "Worldwide, excluding the United States and the United Kingdom", "knowsAbout": [ "Foreign exchange trading", "Contracts for difference", "Leveraged trading", "Precious metals trading", "Energy commodities trading", "Stock index trading", "Cryptocurrency trading", "MetaTrader 4", "MetaTrader 5", "cTrader" ], "sameAs": [ "https://www.trustpilot.com/review/www.tradersway.com", "https://www.forexpeacearmy.com/forex-reviews/8129/tradersway-forex-brokers", "https://www.youtube.com/channel/UChRC072YJGlNNNYhg_0hZeA", "https://www.facebook.com/tradersway.forex.broker", "https://twitter.com/TradersWay", "https://www.instagram.com/traderswayforex/", "https://t.me/tw_eng" ], "identifier": { "@type": "PropertyValue", "propertyID": "Anguilla company registration number", "value": "A000001731" }, "location": { "@type": "Place", "address": { "@type": "PostalAddress", "streetAddress": "Radnicka 147", "addressLocality": "Valjevo", "postalCode": "14000", "addressCountry": "RS" } } }, { "@type": "WebSite", "@id": "https://www.tradersway.com/#website", "url": "https://www.tradersway.com", "name": "Trader's Way", "publisher": { "@id": "https://www.tradersway.com/#organization" } }, { "@type": "BreadcrumbList", "@id": "https://www.tradersway.com/resources/market-info/eur-usd-long-term-reversal-signals-april-15-2013/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.tradersway.com/" }, { "@type": "ListItem", "position": 2, "name": "Resources", "item": "https://www.tradersway.com/resources/" }, { "@type": "ListItem", "position": 3, "name": "Market Info", "item": "https://www.tradersway.com/resources/market-info/" }, { "@type": "ListItem", "position": 4, "name": "EUR/USD: Long-Term Reversal Signals (April 15, 2013)", "item": "https://www.tradersway.com/resources/market-info/eur-usd-long-term-reversal-signals-april-15-2013/" } ] } ] } ``` ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Person", "@id": "https://www.tradersway.com/#wayne-mcdonell", "name": "Wayne McDonell", "jobTitle": "Chief FX Strategist", "description": "Chief FX Strategist at Trader's Way, trading forex publicly since 2004. His analysis has appeared in the Wall Street Journal, Bloomberg Television, Fox Business, Futures Magazine and FOREX Journal Magazine. Author of \"Strategic and Tactical Forex Trading\".", "worksFor": { "@id": "https://www.tradersway.com/#organization" }, "knowsAbout": [ "Foreign exchange market", "Technical analysis", "Fundamental analysis", "Forex trading strategy" ], "sameAs": [ "https://www.youtube.com/c/tradersway" ] }, { "@id": "https://www.tradersway.com/#organization", "employee": { "@id": "https://www.tradersway.com/#wayne-mcdonell" } } ] } ```