The Frenchman has not enjoyed the best of times this season, leading to talk that the Gunners may miss out on a Champions League berth for the first time in his tenure.
However, a run of seven wins from their last nine league games has put the north Londoners back in the hunt for a top-four finish ahead of the trip to Craven Cottage.
Victory by the Thames would propel them into third and former Spurs boss Jol thinks Arsenal will end the season successfully.
"I admire him, he is an unbelievable manager," the Dutchman said of Wenger - a man he has the odd disagreement with in the past.
"Of course you have got your problems now and then if you meet each other.
"He is emotional, he wants to win but even this season if you look at them they have been under pressure.
"Then they had an unbelievable win at Bayern, they came back and other teams like Chelsea, Spurs and Everton are fighting for a top-three, top-four spot.
"They are doing it again and I think they will make the top four."