The duo has been out with hamstring and calf injuries respectively.
“Steven Gerrard and Daniel Agger are fit,” Hodgson told reporters.
“It’s a big boost going into five games in 15 days, which is a season-changing period for every club in the Premier League.
“Steven would have been fit to have played against Fulham as well, so it doesn’t hurt to give him an extra week so he can get some more training in.
“But what he needs now is to play matches and unfortunately the chance to play a match was missed because of our game against Fulham falling victim to the weather.”
Hodgson has confirmed that Jamie Carragher and Jay Spearing are still out of action.
“There are only two players unavailable to me,” he added.
“Jay Spearing, who suffered a break in a bone above his ankle, is still out for another month I think.
“Jamie Carragher is, if we are to believe the doctors, still nine weeks away from coming back. But knowing Jamie, it would not surprise me if it was a lot less than nine weeks.”
