Crystal Palace have been in good form recently having lost just once in their last seven.
On Monday, they produced an impressive display to hold Man City to a draw.
Everton will still be short of confidence, despite their win on Thursday, having lost seven of their last 10.
Olise has four goal contributions in three FA Cup appearances this season.
The forward is expected to start in attack for the Eagles.
Match preview: Crystal Palace vs Everton
Crystal Palace defeated Stoke City in the previous round.
The Eagles won 2-1 at Selhurst Park.
Kouyate and Riedewald scored the goals to send them through.
Palace's last league outing saw them hold champions Man City to a 0-0 draw.
Vieira's side have now lost just once in their last seven matches.
Everton secure huge win over Newcastle
Everton claimed a massive win on Thursday as they defeated Newcastle.
The Toffees won 1-0 in the 99th minute, despite having 10-men.
Alex Iwobi netted the only goal of the game to move them three points clear of the bottom three.
Frank Lampard's side knocked out Boreham Wood in the last round to reach the quarters.
Crystal Palace team news
Will Hughes and Luka Milivojevic are both back from illness.
However, Nathan Ferguson and James McArthur are both out.
Everton team news
Everton will be without Allan who is suspended after being sent off on Thursday.
Jonjoe Kenny returns from suspension after missing one match.
Yerry Mina, Jordan Pickford, Donny van de Beek, Tom Davies and Fabian Delph all remain sidelined.
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