Categories: Technical analysis

Exxon Mobil Wave Analysis – 15 December 2025

Exxon Mobil: ⬇️ Sell

– Exxon Mobil reversed from resistance area

– Likely to fall to support level 115.00

Exxon Mobil recently reversed down from the resistance area between the key resistance level 120.00 (which has been reversing the price from March) and the upper daily Bollinger Band.

The downward reversal from the resistance level 120.00 started the active intermediate correction (2).

Given the strength of the resistance level 120.00, Exxon Mobil can be expected to fall to the next support level 115.00 (low of the previous waves (C), 2 and 4).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: Exxon

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