Technical analysis

Exxon Mobil Wave Analysis – 9 January 2026

Exxon Mobil: ⬆️ Buy

– Exxon Mobil reversed from support area

– Likely to rise to resistance level 126.00

Exxon Mobil recently reversed from the support area between the key support level 120.00 (former resistance from November and December), 20-day moving average and the 61.8% Fibonacci correction of the upward impulse from December.

The upward reversal from this support area continued the active impulse waves iii, 3 and (C).

Given the clear daily uptrend, Exxon Mobil can be expected to rise to the next resistance level 126.00 (target price for the completion of the active impulse wave 3).

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.

Share
Published by
The FxPro Tech Analysis Team
Tags: Exxon

Recent Posts

CHFJPY Wave Analysis – 9 January 2026

CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…

10 hours ago

Pro News Weekly: Dollar Rebounds as Markets Test New Limits

Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…

14 hours ago

Geopolitics will destroy the euro

•    EURUSD falls due to geopolitics and expectations of tariff removal •    Gold returns to…

22 hours ago

Platinum Wave Analysis – 8 January 2026

Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…

1 day ago

Baidu Wave Analysis – 8 January 2026

Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…

1 day ago

EURUSD Wave Analysis – 8 January 2026

EURUSD: ⬇️ Sell - EURUSD broke daily up channel - Likely to fall to support…

2 days ago

This website uses cookies