Question

shortcut key to switch between horizontal and vertical type tool

Answer 1

Ctrl+h....will be the answer i think so

Answer 2

his list includes the keyboard shortcuts that you can use to work with the Photoshop Elements tools. For more information about the Photoshop Elements tools, see Tools. You'll find additional shortcuts in menu commands and tool tips.

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Get file Download a list of Photoshop Elements keyboard shortcuts in PDF.
Result

Windows

Mac OS

Cycle through tools that have the same keyboard shortcut

Shift-press keyboard shortcut (preference setting, Use Shift Key for Tool Switch, must be enabled)

Shift-press keyboard shortcut (preference setting, Use Shift Key for Tool Switch, must be enabled)

Cycle through nested tools

Alt-click tool

Option-click tool

Move tool

V

V

Zoom tool

Z

Z

Hand tool

H

H

Eyedropper tool

I

I

Rectangular Marquee tool

Elliptical Marquee tool

M

M

Lasso tool

Magnetic Lasso tool

Polygonal Lasso tool

L

L

Magic Wand tool

Selection Brush tool

Quick Selection tool

Refined Selection tool

Auto Selection tool

A

A