– Exxon reversed from support level 100.00
– Likely to rise to resistance level 108.00
Exxon earlier reversed up from the round support level 100.00, intersecting with the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from July.
The upward reversal from the support level 100.00 stopped the previous minor ABC correction 2 from the end of April.
Given the strength of the support level 100.00, Exxon can be expected to rise further toward the next resistance level 108.00, which has been repeatedly reversing the price from May.
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies