1996 Ford Explorer front left near tire squeaking

My 1996 Ford explorer has recently developed a squeaking noise in the area of my front left tire. Every time I go over bumps or rough terrain it make a very loud squeaking noise, possibly coming from the suspension. This also happens anytime I make a turn in either direction. I was told it could possibly be the bushings or I might need to replace my front left stabilizer link. Please help this is a very aggrivating problem