empty
12.03.2025 04:50 AM
S&P 500 Forecast for March 12, 2025

Yesterday, the U.S. stock index S&P 500 declined by 0.76%, approaching the target support level of 5516, indicated by its lower shadow. The Marlin oscillator has turned upward from the oversold zone. Meanwhile, the Russell 2000 index, which often serves as a leading indicator for the S&P 500, rose by 0.09% yesterday. Today, Asian markets have started with gains.

This image is no longer relevant

The price is likely heading toward the 23.6% Fibonacci level, which coincides with the target level of 5670 (the peak of July 2024). A breakout above this level would open up the next corrective target at 38.2%, around the 5769 level (the January 2025 low).

This image is no longer relevant

On the four-hour chart, both the price and the Marlin oscillator have formed a minor convergence. We expect the price to reach the first corrective level of 5670 or slightly higher, while testing the MACD line.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Signals for EUR/USD for March 13-15, 2025: sell below 1.0881 (+1/8 Murray - 21 SMA)

Early in the American session, the euro is trading around 1.0865, below the 21-month SMA, and below the 1/8 Murray level, showing signs of exhaustion. A technical correction is expected

Dimitrios Zappas 14:00 2025-03-13 UTC+2

Trading Signals for GOLD (XAU/USD) for March 13-15, 2025: sell below $2,950 (21 SMA - 8/8 Murray)

Early in the American session, gold is trading around 2946, close to the all-time high of 2,956 and above the 7/8 Murray level, albeit showing signs of exhaustion. A technical

Dimitrios Zappas 13:49 2025-03-13 UTC+2

EUR/USD. March 13th. Bulls Are Tired of Playing Along with Trump

On Wednesday, the EUR/USD pair continued a very weak decline after rebounding from the 1.0944 level. This morning, it reached the 200.0% corrective level at 1.0857. A rebound from this

Samir Klishi 11:18 2025-03-13 UTC+2

GBP/USD. March 13th. U.S. Inflation Made Things Worse for the Dollar

On the hourly chart, the GBP/USD pair continued its upward movement toward the 127.2% Fibonacci retracement level at 1.3003 on Wednesday. The growth was weak, and the bulls failed

Samir Klishi 11:16 2025-03-13 UTC+2

Forex forecast 13/03/2025: EUR/USD, USD/JPY, Oil and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:24 2025-03-13 UTC+2

Indicator Analysis: Daily Review for GBP/USD on March 13, 2025

On Thursday, the market may start moving downward from the 1.2959 level (yesterday's daily close) toward 1.2924 – the 14.6% retracement level (yellow dashed line). From this level, the price

Stefan Doll 09:45 2025-03-13 UTC+2

Indicator Analysis for EUR/USD on March 13, 2025

On Thursday, the market may continue moving downward from 1.0886 (yesterday's daily close) toward 1.0861 – the 14.6% Fibonacci retracement level (blue dashed line). From this level, a rebound upward

Stefan Doll 09:25 2025-03-13 UTC+2

Technical Analysis of Intraday Price Movement GBP/AUD Cross Currency Pairs, Thursday March 13, 2025.

If we look at the 4-hour chart of the GBP/AUD cross currency pair, it appears that the AB=CD Harmonic pattern has emerged, especially with the support of the Stochastic Oscillator

Arief Makmur 09:15 2025-03-13 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday March 13, 2025.

With the movement of the Nasdaq 100 index price moving below its MA (50) and the appearance of Divergence between the Nasdaq 100 index and the Stochastic Oscillator indicator

Arief Makmur 09:15 2025-03-13 UTC+2

EUR/USD Forecast for March 13, 2025

Yesterday, U.S. inflation data indicated a slowdown in February, with core CPI at 2.8% year-over-year compared to 3.0% in January, which was also above the forecast of 2.9%. However

Laurie Bailey 04:13 2025-03-13 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.