Mac OS X's terminal is BASH shortcuts

Ctrl + A    Go to the beginning of the line you are currently typing on
Ctrl + E    Go to the end of the line you are currently typing on
Ctrl + L    Clears the Screen, similar to the clear command
Ctrl + U    Clears the line before the cursor position. If you are at the end of the line, clears the entire line.
Ctrl + H    Same as backspace
Ctrl + R    Let’s you search through previously used commands
Ctrl + C    Kill whatever you are running
Ctrl + D    Exit the current shell
Ctrl + Z    Puts whatever you are running into a suspended background process. fg restores it.
Ctrl + W    Delete the word before the cursor
Ctrl + K    Clear the line after the cursor
Ctrl + T    Swap the last two characters before the cursor
Esc + T  Swap the last two words before the cursor
Alt + F  Move cursor forward one word on the current line
Alt + B  Move cursor backward one word on the current line
Tab      Auto-complete files and folder names