Hey Boyan,
So, this risk calculator is mostly for forex pairs not commodities. Also the reason probably it says Current USD/JPY Ask price instead of EUR/JPY is that it just needs the page to be refreshed.
Also about the risk that you mentioned, yes it is correct that it will be 1% risk.
About the daily reset hour which is indeed what I meant, you just need to check with the broker or prop firm that you are using in what time zone the platform operates on and you need to set it at 00:00 at that time zone.
Hope this helps!
Kind Regards,
Nikos