The Gunners have managed to bounce back from a 3-1 loss to Manchester City in impressive style of a dominant performance in the north London derby.
Arsenal were 2-0 winners against Tottenham Hotspur thanks to goals from Alexis Sanchez and Shkodran Mustafi at the Emirates Stadium last month.
Arsene Wenger’s side secured three points in a 1-0 win at Burnley after Alexis Sanchez scored an added-time penalty despite the Gunners being tipped to lose at Turf Moor.
Tottenham were unlucky to lose 2-1 to Leicester City on Tuesday night to leave Mauricio Pochettino’s side off the pace in the Premier League title race.
Spurs are now looking at a top-four challenge rather than rivalling Manchester City and Manchester United for the Premier League crown.
While Chelsea and Liverpool were comfortable winners on Saturday afternoon, Tottenham dropped points at Watford and Arsenal lost 3-1 to Manchester United.
However, former Gunners midfielder Nicholas believes Arsenal and Tottenham are better-placed than Liverpool and Chelsea to secure a top-four place.
“We were raving about Spurs three weeks ago after suggestions of the ‘Harry Kane team’ and all of a sudden we’re asking whether they can cope without Toby Alderweireld, while we wrote Arsenal off a few weeks ago and now they’re in the top four,” Nicholas told Sky Sports.
“I think it will be the two Manchester clubs and then, with the squad to rotate enough to deal with the Europa League, I’d go for Arsenal, then I’d add Tottenham because there’s still too many question marks about Chelsea and Liverpool.”
Arsenal won the FA Cup last season thanks to a 2-1 win over Chelsea but missed out on a top-four place.
Tottenham ended up in second place in the table and seven points behind eventual champions Chelsea.
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