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20.06.202507:16 Forex Analysis & Reviews: S&P 500 Forecast for June 20, 2025

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

For the past six weeks, the price has been unsuccessful in testing the resistance of the MACD indicator line on the weekly chart. However, the recent consolidation above the 5908 level and the price channel line continue to support the accumulating potential for a breakout toward the target range of 6343–6400.

Exchange Rates 20.06.2025 analysis

The current setup on the daily chart confirms that the price has consolidated above both the key price level and the price channel line. The Marlin oscillator remains in negative territory but is holding its position.

Exchange Rates 20.06.2025 analysis

Marlin is unlikely to join the anticipated upward movement before Monday. Therefore, the main developments are expected to unfold at the beginning of next week.

Laurie Bailey
Analytical expert of InstaForex
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