Exxon Mobil in focus on rising oil prices | trade of the week | 08.04.2026
XOM is holding above the 160 support area after a pullback, maintaining its broader uptrend and opening the way for a potential move toward 172.50. Explore our better-than-market trading conditions on our website: https://bit.ly/Exness-homepage-mo The setup is supported by strong crude oil prices and improving risk appetite in equity markets, with the energy sector remaining one of the strongest performers. Rising earnings expectations for Exxon Mobil also add to the bullish case. At the same time, traders will focus on geopolitical developments and the upcoming US PCE inflation data, as higher inflation expectations driven by oil could continue to support the sector. Trading is risky. #xom #exxonmobil #stocks #energysector #crudeoil #tradeoftheweek #cfdmarkets
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